DislikedIt's a shame you don't understand some basic concepts of mathmatics before you start making statements like "1:1 is kinda stupid".
My 100TP & 100SL example at the beginning of this thread was simply to explain the mathmatics more easily. But it seems even that was lost on some. I actually apply this to a scalping method, targeting 10 pips per trade, risking exactly the same as I gain and the method has a higher than 50% hit rate. I have been scalping the M1 timeframe 5 days per week, full time, for just under 5 years and been using a method...Ignored
a) I don't believe you!!
b) when did I ever say it can't / won't make money ??
You wouldn't want to get 3x's the profit as your risk on good moves ?? that's the strange thing, you don't even try.
How often do you get nearly to your TP then ride it all the way down to your SL ??
The question is, would you make MORE it you removed the TP or used a dynamic TP ( ie changeable to suite the conditions and the setup ), odds are after a learning curve.
And you start this thread, like you've just discovered this amazing secret and you've actually been trading it for 5 years.
BS detector is going WILD!!
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!