DislikedForex Toss a coin strategy
Win Rate 30%
Investment $1700
Toss a coin at every London start and Buy or Sell
1 mini lot
Pair GBP/JPY
SL 40pips (2%)
TP 120pips(6%)
3/10 wins . Do your math. You still make money.
The whole idea about the above example is to point out if you have a sound money management plan and even if your trading strategy is crap, you still make money. If you have a strategy which only gives 50% winning trades coupled with a sound money management strategy that’s more than enough for you to make loads of cash.Ignored
Looks good anyway you calculate it!
7 losses at 40 pips = -280
3 wins at 120 pips = +360
_____________________________
average net gain per trade = +80
21.25 trading sessions per month
21.25 X +80 = +1700 pips per month per mini lot traded
Dr. D.