M1 to H1 for entry.
Mostly Intrady
No guts, no glory
High Risk/Low Reward Ratio Trading System 108 replies
What's your TP? Fixed reward vs dynamic reward 5 replies
The risk/reward of high frequency trading? 7 replies
Low Risk, High Reward Trading Experiment 3,318 replies
Low Risk/High Reward trading 4 replies
Disliked{quote} You are wrong. High win rate doesn't necessary mean you are profitable. You can have a 99% win rate and be a loser ... Like you can have a 1% win rate and be profitable. Win rate is nothing without the associated risk:reward ...Ignored
Disliked{quote} Think again. If one's trade is with 80% win rate for 1:1 risk:reward, he can make more money that you and can mantain a very low drawdown even if you would have a 40% win rate and 1:3 risk:reward. Risk reward is nothing without the winning rate. First win rate, second risk:reward.Ignored
High Reward to Risk is a result of:
Disliked{quote} Think again. If one's trade is with 80% win rate for 1:1 risk:reward, he can make more money that you and can mantain a very low drawdown even if you would have a 40% win rate and 1:3 risk:reward. Risk reward is nothing without the winning rate. First win rate, second risk:reward.Ignored
Disliked{quote} They are both factors of expectancy. And they are "usually" negatively correlated. High win rate is a result of : we are right most of the time (which I am not). we have a large stop loss and small profit target (which I don't like). High Reward to Risk is a result of: we are wrong most of the time (which I am) We have a small stop and large profit target (which I like).Ignored
Disliked{quote} take 100 trades risk 1%, stops lets say 5 pips. 99 losers = -495 pips. 1 winner of 500 pips minimum = 500 pips which equals 5 pips profitIgnored
Disliked{quote} Think again. If one's trade is with 80% win rate for 1:1 risk:reward, he can make more money that you and can mantain a very low drawdown even if you would have a 40% win rate and 1:3 risk:reward. Risk reward is nothing without the winning rate. First win rate, second risk:reward.Ignored
Disliked{quote} [a] 80% win rate for 1:1 risk:reward 8 wins 2 losses = 8*1 - 2*1 = 6 40% win rate and 1:3 risk:reward 4 wins 6 losses = 4*3 - 6*1 = 6 If both the win rates improve by +10%, [a] 90% win rate for 1:1 risk:reward 9 wins 1 losses = 9*1 - 1*1 = 8 50% win rate and 1:3 risk:reward 5 wins 5 losses = 5*3 - 5*1 = 10 The trader who favours 'First win rate, second risk:reward' has not found possible strategy with high risk:reward. Likewise, the trader who favours 'First high risk:reward, second win rate' has not found possible strategy with high...Ignored
Disliked{quote} That is the excuse of those who will never climb the next stair. Think again, tons of e-books written by those that sustain right what you sustain. Now ask yourself, why don't you make money if what they teach you is true ?Ignored
Disliked{quote} That is the excuse of those who will never climb the next stair. Think again, tons of e-books written by those that sustain right what you sustain. Now ask yourself, why don't you make money if what they teach you is true ? {quote} Did you learn math with wild mans in Masai Mara ? Check again your mathIgnored
Disliked{quote} and that's if you have a really really really bad win rate such as that one. I mean lets say out of those 100 trades you have 5 that bank you 300 pips. that's 1500 pips... -475 and well 1025 profit isn't bad eh? I know its all extreme but its fact and makes it clearer and easy to work out you do NOT need a high win rate to be profitable, period.Ignored
Disliked{quote} Wow ! You're truly passionate with your 'First win rate, second risk:reward', everything else is trash. All power and green pips to you master guru andoseg2. Thanks for your great tip.Ignored
Disliked{quote} Buddy, first learn math, second correct your calculation, third dare to talk to me. I don't know why I lose my time with such rookie. ByeIgnored
Suggested Settings for LVC.
Disliked{quote} That is the excuse of those who will never climb the next stair. Think again, tons of e-books written by those that sustain right what you sustain. Now ask yourself, why don't you make money if what they teach you is true ? {quote} Did you learn math with wild mans in Masai Mara ? Check again your mathIgnored
My focus will be on GU/EU/Gold.
Members are allowed to share their trades on others pairs.
Trades posted as close as possible to entering time, with Entry price, Stop Loss Price, 1st profit target price (optional).
Charts are not necessary at entry time and can be posted later on.