Disliked{quote} The amount of Pips is totally irrelevant to the risk you take if you calculate risk in percentages to your accounts equity. A Trader A could make 100 Pips a day and end up in 10% ROI A Trader B could make only 10 Pips a day and end up in 10% ROI. Both with exactly the same risk. Both could decide only to use 2% risk per trade to achieve that no matter how many pips the strategy CAN do. Therefor "Pips" are an absolutely meaningless measure of a trading strategy. That's all i wanted to say, so more pips doesn't mean more success or less risk....Ignored
I think both of these methods have pros and cons, while FIXED PERCENTAGE you can control the risk more easily (because you know that you will only risk a specific amount of percentage of your account every time), but it may litmits the potential profit (you can make 1000 or 10 pips a day but you will earn the same amount of money).
About FIXED LOT, you can earn all the potential profit (of couse 10 pips and 1000 pips is different in this situation right ), but it's also harder to control the risk.
So after all, it boils down to trader's preference, and we cannot tell anyone right or wrong. But what important here is whether the strategy PROFITABLE or NOT right?
As BTM said before within 2 weeks he could make over 2000 pips with his account, if we have 1000$ account and trade 0,01 lot every trade, that would be over 200$, so over 20% ROI. (I don't know about the drawdown of his but guess it's way smaller than his profit gain).
Just my 2 cents, @lddd.
Thank you again @BTM for this amazing strategy!. Hope we can all generate good profit.
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