I have been looking for a strategy to use in coordination with a 1:2 risk/reward management approach. Ideally, I want to be risking 10 pips to make 20. I understand there is no ultra-high percentage method where you win 95% of your trades risking 1:2... I'm not expecting a holy grail.
I have, however, put myself through the ringer with one indicator after another and am at the point where I am contemplating abandoning the whole idea. Does anyone trade this kind of SL/TP? What sort of approach do you use? Thanks in advance.
I have, however, put myself through the ringer with one indicator after another and am at the point where I am contemplating abandoning the whole idea. Does anyone trade this kind of SL/TP? What sort of approach do you use? Thanks in advance.