Hi,
Just a thought, thou impractically possible, I wonder how many people would have actually been successful doing this.
Let's say if you are very choosy about your trades, and let's also assume that ur lucky enough to get 10 wins in a row with a RR of 3:1, then compounding can be a fruitful tool.
Ingredients:
10 wins
RR 3:1
Compounding system
Starting account balance $1,000
Recipe:
Your initial risk is $50 per trade. You risk increases with every win, i.e. you risk half of your winnings in the next trade. For eg, if you risk $50 in your 1st trade, and your win is $150 (RR 3), then for your 2nd trade you risk $75 for a win of $225.
Result:
Trade 1, Risk $50, Win $150, Balance $1,150
Trade 2, Risk $75, Win $225, Balance $1,375
Trade 3, Risk $113, Win $339, Balance $1,713
Trade 4, Risk $169, Win $506, Balance $2,219
Trade 5, Risk $253, Win $759, Balance $2,978
Trade 6, Risk $380, Win $1,139, Balance $4,117
Trade 7, Risk $570, Win $1,709, Balance $5,826
Trade 8, Risk $854, Win $2,563, Balance $8,389
Trade 9, Risk $1,281, Win $3,844, Balance $12,233
Trade 10, Risk $1,922, Win $5,767, Balance $18,000
But again, as the title suggests, it's easier said than done!!! But that doesn't necessarily mean it's not possible
Just a thought, thou impractically possible, I wonder how many people would have actually been successful doing this.
Let's say if you are very choosy about your trades, and let's also assume that ur lucky enough to get 10 wins in a row with a RR of 3:1, then compounding can be a fruitful tool.
Ingredients:
10 wins
RR 3:1
Compounding system
Starting account balance $1,000
Recipe:
Your initial risk is $50 per trade. You risk increases with every win, i.e. you risk half of your winnings in the next trade. For eg, if you risk $50 in your 1st trade, and your win is $150 (RR 3), then for your 2nd trade you risk $75 for a win of $225.
Result:
Trade 1, Risk $50, Win $150, Balance $1,150
Trade 2, Risk $75, Win $225, Balance $1,375
Trade 3, Risk $113, Win $339, Balance $1,713
Trade 4, Risk $169, Win $506, Balance $2,219
Trade 5, Risk $253, Win $759, Balance $2,978
Trade 6, Risk $380, Win $1,139, Balance $4,117
Trade 7, Risk $570, Win $1,709, Balance $5,826
Trade 8, Risk $854, Win $2,563, Balance $8,389
Trade 9, Risk $1,281, Win $3,844, Balance $12,233
Trade 10, Risk $1,922, Win $5,767, Balance $18,000
But again, as the title suggests, it's easier said than done!!! But that doesn't necessarily mean it's not possible