That's why I said your risk reward ratio will not change. You can have -522 pips loss, but your profits will be high too. If you open three positions of 0.3 lot each, you will have -174 pips loss but your profit in total will be reduced proportionally compared to trading standard lots.
And I agree with you to trade this system with multiple lots, because it provides better risk management.
And I agree with you to trade this system with multiple lots, because it provides better risk management.
DislikedI understand your point. However, if you divide you lot size by 3, its not necessary to multiply negative pips by 3. If you sum up total pips lost for the three positions, you should at the same time consider that those positions are 1/3 of your original lot size each. So, you are loosing almost the same if you open 1 lot than if you open three positions of 0.3 lot each.
Those ugly -522 pips for the three positions are in fact -174 pips for your regular lot size.
The reason I decide to open three positions becomes obvious when you test and see the system working. A high percentage of the positions you enter reaches 1st TP. At that point you are free of any possible loss. But also at that point sometimes the trend continues and sometimes not. You cannot be sure about what will happen, so you have two remaining positions with SL at breakeven that have a great potential to close with high earnings (or at cero in the worst case).
Thank you for your contribution!Ignored