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Benzodiazepine
:
1:1 gain/loss is a horrible strategy my man. You should be looking at 3:1 gain/loss TP/SL and 1:1 or better win/loss on trades.
There are a thousand combinations but you aren't giving yourself ANY statistical edge. Your risk is the same as your reward. You want your reward to outweigh the risk.
MotleyJunks
OPBenzodiazepine
:
Coming from someone who has made ZERO trade, you’re absolutely right. We are at different arena thus my game plan will always be different from yours. Trade what’s works for you :)
Benzodiazepine : 1:1 gain/loss is a horrible strategy my man. You should be looking at 3:1 gain/loss TP/SL and 1:1 or better win/loss on trades.
There are a thousand combinations but you aren't giving yourself ANY statistical edge. Your risk is the same as your reward. You want your reward to outweigh the risk.
MotleyJunks OP Benzodiazepine : Coming from someone who has made ZERO trade, you’re absolutely right. We are at different arena thus my game plan will always be different from yours. Trade what’s works for you :)
Benzodiazepine : I'm here for the bonus and to check out the platform. It's not my active brokerage account.