Money Management method

Hello Everyone, I m opening an thread here to discuss with the money and risk management method. For me I am using an R:R for the risk, but sometimes it got problems. For example R:R of 1:2, if I take the 1 dollar risk to winning 2 dollar in the USD/JPY market, it always become win/lose will pick a side, which means its either TP on 2 dollar or SL at 1 dollar. Therefore if the price movement maybe its gained to 1.5 profit but because it didn't touch the TP of 2, it goes back and lose 1 dollar. I m thinking If there is any method that everyone use to prevent this happens and reduce the loss to minimum and take profit as much as we can.

Best Wish for everyone wins 100 pips/week.

I think that's in the nature of things.
The only solution is to improve the system and gain good knowledge. Not to be afraid of losses.

Yes, that is completely against human nature. That's why 70% fail at this game. Or they need 10 years of training to become pro.

You could also just breakeven after 1.5R and switch off the computer. The statistics simply have to be right.
The game is a long bloody road.

I only use 1% from the balance with RR 1:2
slowl but safe

@tony228. 1. You can try moving your SL to Zero or slightly above to cover your commisions/spread/swap fees as soon as the trade reaches 1:1. This will atleast keep you confident even if your SL is hit. As soon as it reaches 1:5, move the SL to 1:1.

My suggestion here would be:
1. Try increasing the R:R. The minimum is 1:3. Anything below that will put you back to square 1 quickly.
2. USD/JPY is highly volatile compared to other Major pairs, so your timing has to be at its best irrespective of wether you are in the right direction.
3. Please Back Test your strategy manually a minimum of 100 times.