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Episode #111- Kim Sokoloff on 20 years of Wall St. experience, Technical Analysis & Intraday Trading

Confessions Of A Market Maker

CHAPTER

How to Determine a Profit Target

Kim Jong-un: I give targets all the time. You got to honor it, right? You can't you can't be in there in a trade and then like, oh, okay, I'm gonna. Right?" "It's hard because it's an estimation. It could be tough," he says of price targets. 'I use targets based upon averages, previous days high, sometimes GAT fill' He adds that some traders will stay in it longer than he will. "'Cause just because I take a quick doesn't mean it can't keep going,' Kim tells his audience."

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