Are you start to trail the SL when the profit reach certain target, let say 20 pips? Or you start to trail the SL immediately once you see the profit turn positive?
This look like a good idea, i will try it out and see how good the result.
Thanks for the formula.
I think this is very useful for us to analyze and compare different strategies.
Thanks for the explanations everybody.
I have spend some time to try trading with SL larger than TP as suggested by nanypurwanti, with 14 pips SL against 6 pips TP traded on 30 minutes time frame (EURUSD & GBPUSD).
So far, the winning percentage is around 73% while losing percentage is...
This will lead to inverse risk to reward ratio, i heard many traders said that they do not recommend this kind of strategy.
May i ask how much profit that you generated by using this strategy?
Any reasons that lead you to used this strategy?
Thanks for sharing your good article. I think start from now i will focus more on surviving rather than making big profit.
Seem like lot size of 1.0 is too large for my account.
Talking about timeframe, if i trade in 30 minutes chart and regardless of the amount of money the SL worth, how...
May i know what is exposure?
Now i understand why people always keep changing their volume. I found that there are quite many support and resistance that allow me to place my SL, may i know how can i choose the strongest SR line? What is strongest support and resistance?
So, for an acount...
Hello everybody,
Anybody can point me to the right direction on how to set my stop loss appropriately?
Quite many of the time when i place a larger stop loss, the price hit my large stop loss and end up heavy losses.
But when i place a small stop loss, the price seem like tend to...
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