DislikedI am really selective now with my entries trading 1 Lot normally. I don’t want to hit 10 losers in a row which happens fast with a 10 Pips SL taking every setup in every kind of market condition at every time of the day. With 4 Lot 5 pips per day as a target? Hah, so i could risk 2,5 Pips based on 2:1 Risk/Reward. 1-2 Pips already paid to the broker (not to forget about the ECN commission of 4.5 USD I pay for that lot).Ignored
I've said it before and I'll say it again: R:R is highly over rated. Clearly, this approach is not working for you (maybe in part because of confusion? You said "2:1 Risk/Reward" when you actually mean 1:2 Risk/Reward). Consider determining how many DOLLARS you are willing to part with on a single trade and use that to calculate how many pips away you can place a SL. Now if you target 10pips, how likely is it that price will go all the way to your SL before it makes it to your 10pip target? You can easily have a risk:reward of 10:1 and even more, but who cares when the probability of the SL getting hit is so small.
To free Gazans of Hamas, use whatever it takes.