tar
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Note :
If i put my stop at 5 and take profit at 50 that doesn't automatically make my RR 10 . It depends on the win rate . If i put my stop at 10 to make 100 that's not necessarily better than using a 200 pips stop to make 100 , it depends on the win rate . I use mixture of both tight sl and wide one .
If i put my stop at 5 and take profit at 50 that doesn't automatically make my RR 10 . It depends on the win rate . If i put my stop at 10 to make 100 that's not necessarily better than using a 200 pips stop to make 100 , it depends on the win rate . I use mixture of both tight sl and wide one .
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tar
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You cant take the win rate out of the equation , so i risk 5 pips to make 50 pips but what if my win rate is just 10% , then my profit factor is just 1 not 10 and i am not going to make money = BE . And i cant expect to have the same win rate no matter how tight is my SL and how far is my TP .
tar
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Profit Factor
The profit factor is defined as the gross profit divided by the gross loss (including commissions) for the entire trading period. This performance metric relates the amount of profit per unit of risk, with values greater than one indicating a profitable system ...
http://www.investopedia.com/articles/fundamental-analysis/10/strategy-performance-reports.asp
The profit factor is defined as the gross profit divided by the gross loss (including commissions) for the entire trading period. This performance metric relates the amount of profit per unit of risk, with values greater than one indicating a profitable system ...
http://www.investopedia.com/articles/fundamental-analysis/10/strategy-performance-reports.asp
tar
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Yes may hedge soon with something , markets seem extended in Europe , but the US is near limit down i think the NQ just reached it ...
