actually it is 1 to unknown, unless you trade the range bar. all stops same all reward same everytiime. never 1 to infinity.
Don't you have a problem with changing Renko parameters for each Market? I tried Renko, some many years back, and I recall that I needed to adjust the inputs depending on the Market. Not so? Then of course, the parameters needed to be adjusted on a regular basis. Or was I incorrect?
Statistically it is a small chance any trader will be able to pull off big R:R trades with decent win rate. That doesn’t mean that there aren’t people who rise above mediocrity and not because of coincidence.
Has nothing to do with skill, which is definitely required, but more with market mechanics. Without a microstructure edge, market manipulation, or illegal act, even the most lethal retail trader has that ceiling. Run a million trade simulations in multiple markets and scenarios like I did for 10+ years, and you’ll see why it’s a pipe dream. You can still make money though, just within the constraints of domain reality, and your pecking order within it.
truer comments have never been uttered. 10 years arms just really around the opportunities given every single day. I trade intraday eminis. your experience is to be respected.
No, because the win rate decreases as you increase reward ratio. You can however enjoy a favorable R:R ratio with high odds just buying/holding the S&P. The total risk would be your total starting balance (ex. 10k), and reward the total account balance at X point in the future. Disadvantage there is lower leverage access, target timeframe (years), and deeper drawdowns.