Dear Traders,
I am testing a concept of system which setting TP=10pips & SL=100pips.
Results from backtesting(Jan 2011 till now) shows win rate over 96% with total 145 trades. Consecutive count of wins=51, Consecutive count of loss=2. Profit trades=135, Loss trades=10.
Anyone had idea how to optimise money management or lotsizing with system as above?
I would like to hear any comments.
best rgds,
I am testing a concept of system which setting TP=10pips & SL=100pips.
Results from backtesting(Jan 2011 till now) shows win rate over 96% with total 145 trades. Consecutive count of wins=51, Consecutive count of loss=2. Profit trades=135, Loss trades=10.
Anyone had idea how to optimise money management or lotsizing with system as above?
I would like to hear any comments.
best rgds,