Disliked{quote} Lose 50% of $1000 - $500 loss Balance $500 Now risking $250 Need 200% of risk to make loss back Savvy?Ignored
at 1000, lose 500
back to 500
now risking 250, to make 500.
if win.. back to 1000..
a win and loss have the exact same effect...
no matter what, the risk is always 50% of the account balance, and TP 100%
if you want to take profit at like 80% gains because you overestimated the target.. thats fine.. just don't make a habit of it.
200% = 3 fold
100% = 2 fold
Be hopeful in a winning position, and fearful in a losing position.
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