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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

08-26-12 06:50 PM


Quote from zbojnik:

I'm just thinking of why one of by best strategies that I had where I turned 150$ to $300 in a week failed...I risked maybe 20% a trade and R:R was 1:1. 1 trade a day. But If I risked only 2% would it of been successful? I think maybe that the R:R would need to be better also in order for it to be successful or no?



Risk reward ratio of 1 to 1 is no good , as spreads will eventually eat up profits.When you catch a move , cut your losing trades and run your profits , it is those big winning moves which makes profitable traders .

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zbojnik
 

Registered: Dec 2011
Posts: 112

 

08-26-12 07:16 PM

Thanks.

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PHOENIX TRADING
 

Registered: Mar 2012
Posts: 6715

 

08-26-12 07:56 PM


Quote from zbojnik:

Thank you so much for an answer! You have helped me a lot.


Just don't confuse 2% risk per trade with 2% stops per trade.
They are not the same.

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oilfxpro
 

Registered: Oct 2007
Posts: 1600

 

08-26-12 08:06 PM


Quote from PHOENIX TRADING:

Just don't confuse 2% risk per trade with 2% stops per trade.
They are not the same.



Explain this statement , or it will be considered a retarded statement

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