DislikedI have a question that the more people who want to answer it the better. I was wondering when it comes to the higher time frames, do people who trade them find them lucrative enough for the time invested.
I know trading the 4hr charts works well for some because of work and time like the post above stated but I was wondering if the ROI was adequate enough to grow ones account?
On a 15min chart or lower people usually risk 2% per trade with stops 50 pips or less (of course the less the more return possible).
Trading a 4hr chart I would think...Ignored
if you have an 10000$ account and you want to risk per trade 2% = 200$ right
if your stopp is 50 pips than you have to risk 4$/pip (200/50=4) = 0,4 lot
if your stopp is 100 pips than you have to risk 2$/pip (200/100=2) = 0,2 lot
you see the pip stopp is not important you have to set the right lot size its really easy you understand
greets
