I have been working on my risk reward lately and I have come to the conclusion that anything less than 1 : 1 is leaving me with too many losses.
So I thought it would be interesting to see what kind of a risk reward other traders have.
My approch of 1 : 1 risk reward seems to help me with emotions when I trade, as once trade is put on it is left untill TP or SL is hit.
The ammount of wins I have with 1 : 1 ratio is currently at 75% on last 200 trades.
So what is yours?
I know some people might trade without SL I have a system that is 98% accurate without Sl but those 2% will wipe my account (speaking from experience).
So if you trade without sl calculate your whole account and that will give you your risk reward...imo
Looking forward to replys,
Temps.
So I thought it would be interesting to see what kind of a risk reward other traders have.
My approch of 1 : 1 risk reward seems to help me with emotions when I trade, as once trade is put on it is left untill TP or SL is hit.
The ammount of wins I have with 1 : 1 ratio is currently at 75% on last 200 trades.
So what is yours?
I know some people might trade without SL I have a system that is 98% accurate without Sl but those 2% will wipe my account (speaking from experience).
So if you trade without sl calculate your whole account and that will give you your risk reward...imo
Looking forward to replys,
Temps.