can anybody explain this:
if your system has x% win/loss, x R/R, x frequency and that allows you to risk x amount per trade and never run the risk of blowing up but at the same time getting maximum gains, why is nobody doing it?
Is it because people believe that a run of luck is their only chance to make serious money?
Logically if you build the risk model above, presuming you even have the data, and you're guaranteed to wipe your account, is it a sensible approach?.
- stupidity at its finest..
also... just because youre using a small amount you can afford to lose makes no difference, if you lose it are you going to quit for good or add more again? sooner or later you will have lost a big account too...
if your system has x% win/loss, x R/R, x frequency and that allows you to risk x amount per trade and never run the risk of blowing up but at the same time getting maximum gains, why is nobody doing it?
Is it because people believe that a run of luck is their only chance to make serious money?
Logically if you build the risk model above, presuming you even have the data, and you're guaranteed to wipe your account, is it a sensible approach?.
- stupidity at its finest..
also... just because youre using a small amount you can afford to lose makes no difference, if you lose it are you going to quit for good or add more again? sooner or later you will have lost a big account too...
tradewith60