Registered: Oct 2007
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 .