Okay, we will forget about 8 then, but 5 is just a statement of fact, and will not divulge any information that is considered proprietary. If you do not know what the answer to 5 is, then you can say so, as it is always best to tell the truth to yourself, especially when it relates to money! I will make it easy for you. 1:1 1:2 1:3 1:4 1:5 If we go beyond 1:5 we are entering the Harry Potter world! J_S
Harry Potter world would be nice.... When I trade a fund I do not trade 1 strategy. Depending on the funds I will trade between 1-5 strategies. My main strategy has a 1:3 R:R and sometimes it goes HP.... but the rest are 1:1. But the 1:1 's are great they add up too.
Well, if you can work out a 1:5, you don't have to trade as much, and the less time you are trading, the more you can enjoy life and the beauty of nature. Trading is very boring, and personally I do not like to do any more than 2 hours per day. Why try for millions, when thousands will suffice! J_S
That is what kind of trade I am in now..... very boring.... could go for 2 days... but it is what it is... wish it is a 1:5 but I bought it on this one... a 1:3 is almost sure... but then again nothing is sure... 80%