Harry, I've tried your strategy before. You still have to deal with the losses from the open positions after the t/p in buy stop or sell stop is reached.

Mark ah! Fellow Singaporean here! From my experience, a reward to risk ratio of 3:2 will only mean that 2 out of 5 trades hit T/P. In the long run, price will have an equal probability of moving up by 1 pip and moving down by 1 pip. Hence 3:2 reward ...

Definitely couldn't agree less. I tried reversing a losing strategy before, and it didn't work as well. Got killed by the spread, no matter which side I take. We'll need a big losing edge over the market and make sure that we get a big winning edge ...