Disliked{quote} Hi Danzka, Yes I think it's a good simple way to look at things too. R:R I never go less than 1:1. If I'm doing this 1 hr stuff, I prefer around 1:1.5 or 1:2 If I'm trading 4hr going towards weekly/daily S/R targets then it varies. That's because I'm entering multiple times, so the first trade might be targeting say 1:8 the second 1:7, etc. How much do I risk - Typically I would keep risk at around 3% to 6% no matter how many trades I'm in. But it's tricky looking at risk as a %. Say you've got $10,000 in your account and risk 5% = $500....Ignored
I'm still working on entering D1 swing with small risk, this method fits right in
In the end its just a stupid numbers game