all systems work but where they fail is money management i think and this system is no different.
i follow similar system as this but i do not trade lower then 2:1 or even 3:1 risk/ratio if trade goes 1:1 im BE i will not take money off until its atleast 2:1 or im seeing some crazy signals to get out.
so its either for example
-30
0
+60 or +90 (today i got 3:1 on 2 trades, and lost one) do the math i think only way to win in this market is stick to 2:1 atleast because even if you lose 6 of out 10 trades and win 4 with 2;1 your still up. lets keep in mind no one knows where the market is going at any given point its all speculation MM wins in forex, systems dont.
i follow similar system as this but i do not trade lower then 2:1 or even 3:1 risk/ratio if trade goes 1:1 im BE i will not take money off until its atleast 2:1 or im seeing some crazy signals to get out.
so its either for example
-30
0
+60 or +90 (today i got 3:1 on 2 trades, and lost one) do the math i think only way to win in this market is stick to 2:1 atleast because even if you lose 6 of out 10 trades and win 4 with 2;1 your still up. lets keep in mind no one knows where the market is going at any given point its all speculation MM wins in forex, systems dont.