1:1 Risk Reward Ratio - Why it just makes sense | Page 17 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Rationale behind "Risk Per Trade" and "Risk/Reward Ratio"? 8 replies

Regarding risk/reward ratio 10 replies

Is a high risk reward ratio overrated? 12 replies

Good reward/risk ratio experiment 20 replies

Risk Reward Ratio and Account Risk 30 replies

Attachments: 1:1 Risk Reward Ratio - Why it just makes sense
Exit Attachments

1:1 Risk Reward Ratio - Why it just makes sense

  • #321
  • Jun 13, 2012 4:51pm Jun 13, 2012 4:51pm
Quoting Slim Buffett

My question is relevant. Your reply is simply "avoidance". Yes?
I take it you didn't want to read then, or maybe you did read and didn't understand?

If you couldn't find the relevant posts then would you like me to help you find them, or do you think you can find them on your own?
  • #322
  • Jun 13, 2012 4:57pm Jun 13, 2012 4:57pm
Quoting pipmutt
I take it you didn't want to read then, or maybe you did read and didn't understand?

If you couldn't find the relevant posts then would you like me to help you find them, or do you think you can find them on your own?
Still avoiding the question 'ay

Seems like that's about ALL you got left.

So continue to give me the "run-around". I thinks it's fun.

Next
When the Joker is in the deck.. fear not and play it well
  • #323
  • Jun 13, 2012 5:00pm Jun 13, 2012 5:00pm
Quoting Roofx
Yes, I was posting my setups before the fact and then posting my exits, with detailed charts. It was a lot of effort during live trading and there wasn't much interest so I stopped. If there had been lots of interest I would have carried on what I was doing in hopes of helpinf some people out of a rut. Trading isn't fun and it is quite a quiet profession and I enjoy talking about my methods and showing others who might be stuck where I was a couple of years ago. But as I said when scalping the M1, to also be posting detailed charts before I...
Ok fair enough... well if your interested come and join me at the other thread I just created...

As I have stated in the thread, post if you can but don't let it get in the way of your trades...
  • #324
  • Jun 13, 2012 5:03pm Jun 13, 2012 5:03pm
Quoting Slim Buffett
Still avoiding the question 'ay

Seems like that's about ALL you got left.

So continue to give me the "run-around". I thinks it's fun.

Next
Oh here you are, my reply and the quote it was in reply to, anything to stop you crying!

Now if you still don't understand.......
  • #325
  • Jun 13, 2012 5:08pm Jun 13, 2012 5:08pm
Quoting Turveyd
Depends on your goals if you want to make a small return each year fine, if you want to make a full time living off it then above is the kinda method your after and what I've nearly got cracked.



Nearly could still be years away but I hope not.
I respect your opinion Mr. Turveyd but I don't think you're quite following the idea of the previous reply.

You can make a full time living off MANY different methods. If you get it "cracked" do you believe that you'll be the first. Think carefully.

You'll finally settle on a method that WORKS FOR YOU. When you do so, will you believe that's the ONLY method that will work? Even though you've perfected your method does that render all other methods obsolete?

Just for thought.
When the Joker is in the deck.. fear not and play it well
  • #326
  • Jun 13, 2012 5:15pm Jun 13, 2012 5:15pm
Quoting pipmutt
Oh here you are, my reply and the quote it was in reply to, anything to stop you crying!

Now if you still don't understand.......
So are you just trying to be the master at giving people the runaround? Apparently so.
I've known quite a few salesman like that.
Anything to get you to buy their story.

Anything as long as it's not a direct answer to an uncomfortable question.

happy winking
When the Joker is in the deck.. fear not and play it well
  • #327
  • Jun 13, 2012 5:16pm Jun 13, 2012 5:16pm
Quoting Slim Buffett
I respect your opinion Mr. Turveyd but I don't think you're quite following the idea of the previous reply.

You can make a full time living off MANY different methods. If you get it "cracked" do you believe that you'll be the first. Think carefully.

You'll finally settle on a method that WORKS FOR YOU. When you do so, will you believe that's the ONLY method that will work? Even though you've perfected your method does that render all other methods obsolete?

Just for thought.

Not obselete no, ofcourse not, how can you come up with that kinda logic beats me, inferior yes absolutely do you want to trade at the maximum of your ability for a given period of time or barely scrape by.

My 1 - 20pips profits are generally wiped out by my SL hits okay not quite but might aswell be, I class that as part of the business, it's my 20 - 100 pip profits which rack the account up then it grows slowly then bang another big jump.

It's purely random chance when I stumble across a big holdable trade, likely 5% of my trades, but the more I'm in the market the big moves I capture.

We are all chasing the dream ( unless your already rich ), which is full time or rich / both, remember that.

1:1 and such limited trading, will not get you there, unless your already rich.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #328
  • Jun 13, 2012 5:17pm Jun 13, 2012 5:17pm
Quoting Slim Buffett
So are you just trying to be the master at giving people the runaround? Apparently so.
I've known quite a few salesman like that.
Anything to get you to buy their story.

Anything as long as it's not a direct answer to an uncomfortable question.

happy winking

That's standard Mutt you shoulda worked that out already.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #329
  • Jun 13, 2012 5:27pm Jun 13, 2012 5:27pm
Quoting Turveyd
That's standard Mutt you shoulda worked that out already.
LOL ! Well I was working ON IT anyway. If you have a formula, I'm listening.
When the Joker is in the deck.. fear not and play it well
  • #330
  • Jun 13, 2012 5:31pm Jun 13, 2012 5:31pm
Quoting Slim Buffett
LOL ! Well I was working ON IT anyway. If you have a formula, I'm listening.

Don't feed the Troll's, he's a Troll as he likes winding people up, but at the same time his trade theory is good, theory and practice are 2 different things ofcourse.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #331
  • Jun 13, 2012 5:40pm Jun 13, 2012 5:40pm
Quoting Slim Buffett

So are you just trying to be the master at giving people the runaround?
Of course, why hand it to them on a plate, they'll understand it better and reap the rewards of their efforts.

But then I guess some people just can't help asking to be spoon fed....
  • #332
  • Jun 13, 2012 5:42pm Jun 13, 2012 5:42pm
Quoting Turveyd

his trade theory is good
Good, bad, at least it makes sense which is more than can be said for some of the theories in this thread!
  • #333
  • Jun 13, 2012 5:43pm Jun 13, 2012 5:43pm
Quoting pipmutt
Of course, why hand it to them on a plate, they'll understand it better and reap the rewards of their efforts.

But then I guess some people just can't help asking to be spoon fed....

In the IT world, if your teaching someone a system and they get out there notepad and paper and write every step down step for step, they don't learn anything, I pretty much give up at that point, copying something / someone is no substitute for actually learning it and being able to think.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #334
  • Jun 13, 2012 5:44pm Jun 13, 2012 5:44pm
Quoting Turveyd
Don't feed the Troll's, he's a Troll as he likes winding people up, but at the same time his trade theory is good, theory and practice are 2 different things of course.
Pretty good.
Problem for me then is that I also am a troll.

Regardless, theory is just that.

And if you can't see "the other side of the coin" you may end up believing it always turns up heads.
When the Joker is in the deck.. fear not and play it well
  • #335
  • Jun 13, 2012 5:45pm Jun 13, 2012 5:45pm
Quoting pipmutt
Good, bad, at least it makes sense which is more than can be said for some of the theories in this thread!

If your refering to me, I refuse to dumb it down and explain everything, only intelligent people need bother to read my posts.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #336
  • Jun 13, 2012 5:48pm Jun 13, 2012 5:48pm
Quoting Slim Buffett
Pretty good.
Problem for me then is that I also am a troll.

Regardless, theory is just that.

And if you can't see "the other side of the coin" you may end up believing it always turns up heads.

Good theory regardless of live trading skill is a damn good start and much better than most around here.

Until you crasp the theory, even if you have the perfect mindset to be a trader your screwed.

Sadly clever people are good at the theory and dumb asses have the better mindset.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #337
  • Jun 13, 2012 5:53pm Jun 13, 2012 5:53pm
Quoting Turveyd

If your refering to me....
No actually....for a change

.....but then even a broken clock is right twice a day!
  • #338
  • Jun 13, 2012 5:55pm Jun 13, 2012 5:55pm
Quoting Turveyd
If your refering to me, I refuse to dumb it down and explain everything, only intelligent people need bother to read my posts.
GREAT ONE !!!



oh wait............... I might be excluded
When the Joker is in the deck.. fear not and play it well
  • #339
  • Jun 13, 2012 5:57pm Jun 13, 2012 5:57pm
Quoting pipmutt
No actually....for a change

.....but then even a broken clock is right twice a day!

Can you say that in a yoda voice LOL

And 1:1 only makes sense, cause it's easy you place your trade, you add 100 and set your TP, subtract 100 and set your SL, switch off and check back later, not rocket science or in any way clever / good.
Nothing to it, but to do it!!! Stick to the plan FOOL!!!!
  • #340
  • Jun 13, 2012 5:57pm Jun 13, 2012 5:57pm
Quoting pipmutt
No actually....for a change

.....but then even a broken clock is right twice a day!

How profound. Still you sidestep the question.

You're losing your sale.

What will you do ??
When the Joker is in the deck.. fear not and play it well
1 trader viewing now