Well, let's see.... you calculate your stop at 30 pips for a 40% risk. And then you kinda trick yourself into risking less by setting the stop at 12 pips.
OK, what about doing that on the other end ??
You could calculate the profits at 1 pip, but then 'trick' yourself into more profits by setting it higher.
I don't know if it would work, but it sure would be exciting to re-calculate that excel sheet !!
The thing is, that a lot of us have gone down this road before, to no avail.
You're going to need to do some testing and try it out. It's the only way for you to "see" how it will play out.
OK, what about doing that on the other end ??
You could calculate the profits at 1 pip, but then 'trick' yourself into more profits by setting it higher.
I don't know if it would work, but it sure would be exciting to re-calculate that excel sheet !!
The thing is, that a lot of us have gone down this road before, to no avail.
You're going to need to do some testing and try it out. It's the only way for you to "see" how it will play out.