2% per day seems excellent to me. If it is consistent that is. You'd be a millionaire very quickly if you could keep that up. Why do you ask?
Off £50k account capital....is a £1k net per day on average profit considered as
poor / average / good / excellent performance?
Your feedback would be appreciated.
Many Thanks
S
So at £0.50 per pip and £750 loss thats a 1500 pt SL. Thats mighty big![]()
I trade from £0.50p per point upto an absolute max of £5 per point, and risk on average £500-£750 per trade.....so that 1to 1.5 percent risked per trade....I refuse to move stops to keep losing trades alive.....
why bother wit hthe stop at all lol
why bother wit hthe stop at all lol
Can I ask, what instrument and TF do you look at to warrant a 1500pt SL? Avg losing trade is meaningless without avg profit and hit rate.
Ok, so we've established you're risking 1~1.5% per trade. Your performance sounds pretty impressive so far.
How many trades do you have on at any one time and how often do you trade per day/week/month?