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OK, in simple terms . . what is your Risk:Reward ratio ?
What would you consider to be a measure of your risk ? well it is unlimited as you have no SL unless you prepared to close a trade at a loss some other way ? so your average risk so far could be considered to be your average MAE ?
What would you consider to be a measure of your average reward ? isn't it your average win ? it can't be your average MFE can it ? I don't think so . . .
i want to make 100 pips per/day with no sl. with 1:200 leverage and stopped out on margin call. but in my view i will manage to close every trade in green. because i open maximum 5 trades of 1 micro lot and don't trade if all 5 are in red. just wait to come 3 into green and closing. means i left a big amount for margin required.
do you get reply for what have you asked? or anything else i need to clear?
i want to make 100 pips per/day with no sl. with 1:200 leverage and stopped out on margin call. but in my view i will manage to close every trade in green. because i open maximum 5 trades of 1 micro lot and don't trade if all 5 are in red. just wait to come 3 into green and closing. means i left a big amount for margin required.
do you get reply for what have you asked? or anything else i need to clear?
i want to make 100 pips per/day with no sl. with 1:200 leverage and stopped out on margin call. but in my view i will manage to close every trade in green. because i open maximum 5 trades of 1 micro lot and don't trade if all 5 are in red. just wait to come 3 into green and closing. means i left a big amount for margin required.
do you get reply for what have you asked? or anything else i need to clear?
Reminds me of when i had just discovered forex and started trading live. Say hi to mr margin call for me i sent him to you to deliver a message and will be arriving in the next few days. When he arrives see me personally. My advice, once you make 300 pips stop trading. Hit and run style is profitable that way otherwise temptation will make you multiply lots then is when you'll hit margin call trust me.
i want to make 100 pips per/day with no sl. with 1:200 leverage and stopped out on margin call. but in my view i will manage to close every trade in green. because i open maximum 5 trades of 1 micro lot and don't trade if all 5 are in red. just wait to come 3 into green and closing. means i left a big amount for margin required.
do you get reply for what have you asked? or anything else i need to clear?
You didn't answer my simple question, perhaps you don't know the answer ?
RaptorUK:
OK, in simple terms . . what is your Risk:Reward ratio ?
You didn't answer my simple question, perhaps you don't know the answer ?
Reminds me of when i had just discovered forex and started trading live. Say hi to mr margin call for me i sent him to you to deliver a message and will be arriving in the next few days. When he arrives see me personally. My advice, once you make 300 pips stop trading. Hit and run style is profitable that way otherwise temptation will make you multiply lots then is when you'll hit margin call trust me.
opportunity wasted. you are losing to time.
is there any other method? to win each and every trade? if i am doing wrong?
there is no method that can trade with 100% win. I once tried that for a year and was lucky to do that. For 2nd year, I use averaging to close multiple position in profit.
so you did nothing wrong but your expectation is wrong. sorry to say that to you.
but you did something half right that is using small position to go though big wave and survive until you hit tp. mr margin call is not going to call you.
sometimes you have to use some method like averaging to win the market. no one can pick top and bottom, so I believed in averaging position.
there is no method that can trade with 100% win. I once tried that for a year and was lucky to do that. For 2nd year, I use averaging to close multiple position in profit.
so you did nothing wrong but your expectation is wrong. sorry to say that to you.
but you did something half right that is using small position to go though big wave and survive until you hit tp. mr margin call is not going to call you.
sometimes you have to use some method like averaging to win the market. no one can pick top and bottom, so I believed in averaging position.
i haven't calculated what is my risk:reward ratio. i have an average of 10 pips per lot for reward. risk. i haven't analyzed.