Chalky_trader
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I apologise to Chalky trader , looks your calculation is right . Still therotical though :
1- You are asking for more than 50% win rate with 2:1 reward to risk .
2- Hence your money is limited there is a good chance of risk of ruin before you reach your dreams . But still this version can be watered down a bit . For example risk 10 with a 1000 account .
Love it
Thanks Tar,,
there are a lot of variations that can be implemented like say taking some profit every 3rd trade which will clearly set you back but the risk is still the same.
may even be worth starting a thread and seeing if anyone manages it in 2017, its a low cost trade with a great goal
also inspires discipline as impulse trades are far less likely to be taken