Good analysis is much better ... because if you have good analysis and win profits consistently then you are on the right track. Say you have good money management but your analysis always sucks and disappoints you ... the balance of your trading account will eventually shrink quickly or slowly and the first thing is knowing how many pips we want to get from certain trades but certainly not targets outrageous, in calculating the possibility of TP profit and loss targets can be placed in the previous high candlestick and stop losses at the previous low