Disliked{quote} Hi again, Probably about 1 trade run a week on average I would say. But that could be short trades - a day or so in length, or trades that go on for weeks, or somewhere in between. Mmmm, without trying to complicate the thread, I do enter multiple times at the same time, i.e. place 2 or 3 trades at the same place or very close, either manually or automatically. But think of just entering once initially, then later entering again. I normally add to trades when PA tells me I can - I'm just looking for PA setups to enter again - nothing complicated....Ignored
When you add a trade in your run i am confused little bit you have a target for all of your trades the same target and you try to move stop, so the first trades u make are at breakeven ? and you try to get them to the target that is for all the trades. How do you mean you lock in profit ? Pleae explain.
Yes you enter with a 4 percent risk of you account per trade but what does that add up to on a run with many trades ? first trade half risk 2 percent as an example 2 and 3 trade 4 percent risk so with an 1:2 risk reward ratio you can have a run that makes a return of about 20 percent on your account that last for 1 week or maybe 2 or so ? Am i understand things right here ?
Best regards