hi thanks for the thread first of all. I have some confusion.
- do you always use 30 pips no matter what as 1 R or is it dynamically changed per trade situation? 30 pip means in 4 digits or 5 digits?
- there are maybe situations that you may lose absolute 1R right? like simply reverse to sl due to news some unexpected move or whatever.
- on what condition u switch from absolute 1R to relative 0.6R? like price hit a particular reward % or so?
I'm really interested in this thing as you said you can still make profits while the win rate is garbage. and sorry for asking many questions since I'm like a slow learner. Thanks for understanding..