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- Roofx replied Jul 2, 2012
I will second the comment about noticing lag when you start to do well and start to trade with bigger lot sizes as your account grows. It's not uncommon for traders who finally figure it out and start doing well, all of a sudden find they get more ...
So Whats the Catch?
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Question and answer time - brokers and forums
Started Jun 20, 2012|Trading Discussion|8 repliesPlease note: All material in this post is simply one man's opinion and not proven or suggested ...
- Roofx replied Jun 17, 2012
This is where we come to a close on this thread, friends. Thank you.
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 17, 2012
I started this thread to share some helpful tips and some ideas other traders who might be struggling with the standard overhyped, overspoken set rules like I once was. Changing my risk reward transformed my trading for the better and it may help ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 16, 2012
No, I am done with feeding your need to do what you are doing. I've met people like you before and they are no fun to spend time with at all. I hope whatever it is in life that is making you so argumentative gets better. Because I feel a bit sorry ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 16, 2012
And again you have somehow failed to follow what is going on in the thread come up with useless nonsense. I never said anything about compounding. That was someone else. So your comment is a waste of time. Nothing new here. I suggest you go and ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 16, 2012
Thanks for your contribution. You are right but please bear in mind that my 100/100 example was to make the numbers easier for the average reader. I have never set a 100 pip stop on a live accout in my life and actually trade the M1 with a fixed ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 16, 2012
Pipmutt wrote: The wild unsubstantiated claim is your 60-70%. You of course need to claim that level of accuracy because your whole argument in support of 1:1 pivots around a high win:lose, but it's unsubstantiated. That's not to say that kind of ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 15, 2012
Wow pipmutt, if you think someone recommending a 1:1 RRR and stating that it can directly affect the hit rate is a "wild, unsubstantiated claim" then you must lead a very dull life. What are these "challenges" you are asking me to "rise" to? This is ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 15, 2012
Excellent post, especially the part about win rate. This is something that changes depending on the sample size. And also, I agree with your last comment. We must be fully prepared for the possibility that we are just having a good year and next ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 15, 2012
Thanks Turveyd for that. Yes it seems I have been unknowingly feeding some trolls. Yes the entry method is of course giving me good signals but I must stress that without a 1:1 RRR I don't think I could get it to work. It's the combination of the ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 15, 2012
Let me just say once again. The reason the hit rate is reasonably high is in large part due to the neutral RRR. Change to a 1:2 or "react to what the market is offering" plan and the method fails. I would not try this on a 4hr timeframe with large ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 15, 2012
Ok first let me say again, please learn how to read before chiming in with accusations. 1. I never said I have been trading profitably for 5 years. Actually I only got to the magical place of repeating profits a year ago. And yes, I have just moved ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 15, 2012
The problem with this discussion is that for some reason unbeknown to me people have decided to challenge the idea that trading a method that yields 60-70% hit rate at 1:1 risk reward ratio is an acceptable way to trade. An 11 year old child can see ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 14, 2012
Ok guys, I'm tired of this petty arguing and the constant need of some to bash a simple trading ingredient they simply aren't experienced enough or smart enough to understand. There are too many big egos here and not enough traders. It's ridiculous. ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 14, 2012
You need to read more carefully before getting out your BS meter. I said I have been scalping 5 days a week for almost 5 years but I have only been using a 1:1 RR ratio for about 6 months. I did not start the thread because I had just discovered ...
1:1 Risk Reward Ratio - Why it just makes sense
- Roofx replied Jun 14, 2012
pipmutt wrote: I was just using your analogy.
If you stick with your initial decision and don't move you won't catch it. If you react to what the ball is actually doing and move then there is more probability of catching it. I disagree. You are ...1:1 Risk Reward Ratio - Why it just makes sense