Need Risk money management advice - I have 85-80% winning Rate! | Page 3 | Forex Factory

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Need Risk money management advice - I have 85-80% winning Rate!

  • #41
  • Dec 4, 2017 12:42am Dec 4, 2017 12:42am
Quoting E300
Hello Forexfactory member, Lets get straight into it! I have built a EA using a super strategy. I will leak this strategy or PM you if you help me with my issue. So this strategy has a winning rate of 85-97% on Time frames M1-D1. Now please understand what I MEAN by "winning rate" I'm saying that 85%-97% of the signals (on the custom EA) Will always go in profit. So basically 1+ pip but normally depending on the time frame it will always be higher then 1 pip. Now my issue is money management. My system will go in profit a lot BUT it can go down...
I've been at trading for 10 years. Done the no stop-loss. Martingale. You name it.

But I always look at the trail of successful traders and they use stops.

Having said that. A machine is made to do one thing. Tirelessly trade with no fear, no hesitation no worries. If the risk to reward ratio is sound. You will come out net positive.

Not helpful but something to think.
You're going to pay a price for every bloody thing you do and don't do
  • #42
  • May 18, 2018 5:20am May 18, 2018 5:20am
Managing risk is a great skill , in my trading career I always take risk in demo to see the performance how it works, this approach always help me to avoid unfortunate risk in a real account.
  • #43
  • Mar 16, 2019 9:20am Mar 16, 2019 9:20am
demo is good bu the experience we took generally
from here practically not works when trading in a live ,
its a reality,
  • #44
  • Mar 17, 2019 4:06am Mar 17, 2019 4:06am
Quoting AdamCrist
Managing risk is a great skill , in my trading career I always take risk in demo to see the performance how it works, this approach always help me to avoid unfortunate risk in a real account.
Hmm, how do you take trading risks on demo if you don't lose anything?
  • #45
  • Apr 8, 2019 4:11am Apr 8, 2019 4:11am
actually there is no real money in demo trading , so no emotions work here , as a result we trade here at random most of the time and cant maintain the risk percentage. so demos experience actually not supportive when trading in a live account.
  • #46
  • Oct 10, 2020 5:10am Oct 10, 2020 5:10am
Quoting BenDunk
demo is good bu the experience we took generally from here practically not works when trading in a live , its a reality,

I think main problem is emotion like fear, greed. We do not encounter those in demo account.
  • #47
  • Oct 10, 2020 9:15am Oct 10, 2020 9:15am
Quoting Niels.Lar
{quote} I think main problem is emotion like fear, greed. We do not encounter those in demo account.
We encounter the purely technical aspects of trading though. One does need to learn the theory, and when not distracted by fear or greed they learn better.
  • #48
  • Oct 11, 2020 9:07am Oct 11, 2020 9:07am
Money management depends on trading style and strategy. You have to figure out how much you can loss in a trade. Don't do anything that makes you fearful and greedy. Be practical and realistic.
  • #49
  • Oct 11, 2020 12:47pm Oct 11, 2020 12:47pm
If you want to become successful in this volatile market, you need to make a proper risk management strategy.
  • #50
  • Oct 13, 2020 8:18am Oct 13, 2020 8:18am
If you want to become successful in the forex market, you have to make a proper risk management strategy.
  • #51
  • Oct 19, 2020 12:24am Oct 19, 2020 12:24am
Quoting Robertstarc
If you want to become successful in the forex market, you have to make a proper risk management strategy.
Yes there is no alternative to risk managment. It's not possible to be right 100% of the time. That's why we need to manage our risk so that we do not incurr big loss.
  • #52
  • Oct 19, 2020 2:22am Oct 19, 2020 2:22am
Quoting HisaoFujioka
{quote} Yes there is no alternative to risk managment. It's not possible to be right 100% of the time. That's why we need to manage our risk so that we do not incurr big loss.
You are right. We need risk management system so that we can minimize our risk. Without proper risk management it's not possible to survive in the market. We need a good winning percentage and a sustainable risk management policy.
  • #53
  • Oct 19, 2020 2:46am Oct 19, 2020 2:46am
Risk money management is very important in trading. Risk can never be 100% successful if it is not managed properly. Risk in every part of trading Only if you can manage this risk, it is possible to build a good strategy in trading.
  • #54
  • Oct 20, 2020 10:03pm Oct 20, 2020 10:03pm
Quoting HisaoFujioka
{quote} Yes there is no alternative to risk managment. It's not possible to be right 100% of the time. That's why we need to manage our risk so that we do not incurr big loss.
Agree, losses are integral part of trading by making mistakes you extract valuable lessons from the market. But it is important to learn how to decipher them and apply in future trading.
  • #55
  • Last Post: Oct 21, 2020 2:02am Oct 21, 2020 2:02am
Quoting SamGoi
Risk money management is very important in trading. Risk can never be 100% successful if it is not managed properly. Risk in every part of trading Only if you can manage this risk, it is possible to build a good strategy in trading.
its a very nice information about risk ratio. thanks for your nice post.
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