Risk Reward Ratio ? no thank you - even two drops of poison can kill
Risk Reward Ratio concepts are misleading concepts and they can't implement in practice. Risk Reward Concepts begin with false assumptions. One false argument is already implemented in his calculation desing that they start from the premise that all activities in the forex market run away on equal terms. It seems more a concept for brokers so that 90% of traders will lose their money any longer in the future. I'm really not a friend of it. Think about it. Kindest regards FXcube
fr40eur, short @ 4'547.2
I'm trying to trade the m15 cci(14)divergence (#29) within, ...and the range at h4 (30).
I think also before week-end shareholders solds a part of their assets & and an outbreak (#2) seems not be backed by reality.
Joined Sep 2012
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Status: Aim Consistent Income
|791 Posts
haha....I can see myself here. I agree with you, to be success is all about trader personality, philosophy and psychology. I also do not use stop loss. This keep my account sustainable for long run now. But i have another problem, i need to find a way to earn more. I am trying to aim maybe at least 20% monthly. Probably i can find it here.
But US presidential election, Italy referendum, and other major economy news might increase the markets volatility. Please be careful.
haha....I can see myself here. I agree with you, to be success is all about trader personality, philosophy and psychology. I also do not use stop loss. This keep my account sustainable for long run now. But i have another problem, i need to find a way to earn more. I am trying to aim maybe at least 20% monthly. Probably i can find it here. But US presidential election, Italy referendum, and other major economy news might increase the markets volatility. Please be careful.
Ignored
20% per month is extremely good, ...I exercise meditation, it makes me more independant of worldly goods, e.g....bigger cars, up-market homes, new clothes, ...and so on. I can live with 1'500.-$ per month or with 10'000.-$, it's absolutely indifferent for me.
The dernier cri
To have free time on ones hand is the greatest good for me.
actual orders
fr40eur, short @ 4'502.4, open target
de30eur, short @ 10'671.6, target @ 10'635
usdtry, short @ 3.07899, target @ 2.995
po fr40eur, long @ 4'515, target @ 4'548
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po = pending order
us30usd, h4, 2016 october 31
~18'215 - ~18'050
risk: ~18'435/~18'670
expiration of the validity: the day of us election
risk tolerance: ~-80% drawdown, expected win: ~50%
