@Kirinda and @Neil001
Thank you for your all criticism and suggestions, in almost all cases, people often differ in opinions, I will continue, because now I am busy.
When you have been a while here at FF you will see almost all of trade explorer with high return will disappear after a while because they risk too much or do not use stop loss. For example the leader today for 2019 I see he had a loss of -55.8% in one trade.
Even in this thread I see a person that loss 50% of his capital on a real account in one month by using 5% of his capital per trade. And when you start too loose much on a real account the psychology will kick in and you start to make
trading mistakes. I have been here for 6 years and I see the unexperienced risk much more than the experienced.
When I started to trade I risk 5% per trade now I risk 0.5%.
If you risk 5%, R:R 1:2 and you have 50% win-rate in theory you will not risk ruin, but what if your win-rate fall to 35% a month or two? Check out the risk of ruin tables with Chis Capre: https://2ndskiesforex.com/trading-st...u-should-know/
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Hey Consist - your logic is slightly flawed for trading bro - do some further investigation into R:R, trade and money management - it will save you tons of money in the short, medium and long term.
Thank you for your all criticism and suggestions, in almost all cases, people often differ in opinions, I will continue, because now I am busy.
When you have been a while here at FF you will see almost all of trade explorer with high return will disappear after a while because they risk too much or do not use stop loss. For example the leader today for 2019 I see he had a loss of -55.8% in one trade.
Even in this thread I see a person that loss 50% of his capital on a real account in one month by using 5% of his capital per trade. And when you start too loose much on a real account the psychology will kick in and you start to make
trading mistakes. I have been here for 6 years and I see the unexperienced risk much more than the experienced.
When I started to trade I risk 5% per trade now I risk 0.5%.
If you risk 5%, R:R 1:2 and you have 50% win-rate in theory you will not risk ruin, but what if your win-rate fall to 35% a month or two? Check out the risk of ruin tables with Chis Capre: https://2ndskiesforex.com/trading-st...u-should-know/
-----------------------------
Hey Consist - your logic is slightly flawed for trading bro - do some further investigation into R:R, trade and money management - it will save you tons of money in the short, medium and long term.
100% 10 Times Compound = "Very Huge"
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