It might seem bad way to trade but its the easiest way to come from 1k to 100k if only using
regulated brokers and some tricks for hedging the trades. From 2006 until this year it was the licence to print the money for those that did it properly. In other words
it had and edge.
Ok, where excatly is the edge in risk managment? Risk rewards ratios depends from system to system and are not universal. But what im trying to point out is that the system must have some logic and therefore an edge. Risk managment ON ITS OWN doesnt give u any edge. Try taking
random trades![Laugh :LOL: :LOL:](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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:clap::clap: with 3:1 rule....after a while ur accounts will be gone due to broker fees.
Let me give u an example of an edge.
For long term trend trading, following the COT data gives you an edge. Or trading arbitrage on options vs syntetic options gives you an edge. But due to the fact the
most hedge fund are exploiting that very fast its almost impossible for normal traders to do options arbitrage.
Thats what i had in mind, not mumbo-jumbo indicators.