Disliked{quote} then about gbpaud sl is about 70 pips you win 10+25+35 but if you lost it would be 3*70 how you manage to deal with it its 3win=1lost? i have the same problem , when i trade h4 too its hard to trade 1:1 RIgnored
First, you are looking at just one pair GA today. I have other GA trades this week plus 12 other pairs.
And its only the first week of my 20 trading days cycle. - Apr 03 to Apr 28. I deal with all trades wins and losses within one trading cycle. I know the Expectancy of those trade setups I pick and the winning statistical edge after 10,000 trades.
Big E' post#7555, do not put all eggs in one basket.
In the case of today' GA Apr06, that's simple. If market takes out my initial entry with SL 70pips, then I lose 70pips which is used for risk 'R" and Position Sizing. If my full risk 'R' is $1000, then I lose $1000.
Did you study that Money Management Report?
this Money Management Report {< click },
In @Tekkies' posts #135,065 and #139,072 , @Tekkies said there are 'funny stuff' on my post chart below.
Do you see funny stuff on this chart which I posted?
...
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett