This thread is purely to journal my trading using nothing more than probability. There's no technical or fundamental analysis at all A 200 SMA moving average is used for trend direction Entry on the M30 time-frame. After a reversal bar, enter on break of an up bar high for long and break of down bar low for short Exit is generally seven times my risk stop loss or risk (R), or sometimes I may trail I do not, currently, carry trades over the week-end I usually move trade to break-even after price has moved 3R Trade management is key in this method,...
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There is something not quite right with your math:
0.5% of 10,000 is 50 not 500
