ideas for profit taking

hey i have a postion that the max loss is 2500$ max profit to expiry is 3000$ now i know my max loss is 10% of the loss which would be 250$ but how do i decide what profit to take 10%? maybe 25% or 35% ? any ideas what would be good what do pro traders do ?

 

Pro traders do not take a position and then wonder about it.



((You have gotten this same message at least weekly for over a year -- how have you not understood this yet?))

 

Pro traders run simulations..

 

Oh, NOW you've done it!!!

 

I wanna hear from u guys I have a plan but would like to know how u see things I mean not you cause I don’t think u ever answered anyone here with a serious answer ... but someone kind enough

 

How can your max loss be 10% of your max loss???

Are you setting a stop loss on the spread?

 

no its my plan to exit at that point

 

Thats what I thought..

What sort of movement in the stock do you need to realise max profit,and "max loss"?

 

at least 5%

 

Take profits when the chart SAYS to take them.

1. Aggressively

2. Defensively

Any other approach (hope, fear, feeling, "gut") is completely arbitrary.