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- Joined Oct 2013 | Status: Pushing beyond the 4th gear. | 1,886 Posts
If u luv happiness, start w/ discomfort, make friends w/ pain and failure.
Longest streak of winning trades 1 reply
Averaging Up your winning trade ? 11 replies
What was you best winning streak? 1 reply
Are winning trades immediately available for trade? 3 replies
DislikedI also use to get out a 2:1. I trade the 1 min chart and my biggest losses came from not taking profits not from accepting losses. I know that the ideal situation is to get out because market conditions not because I want to get a 2:1 markets don't move because that is what I want to get but for me trading has become less stressful and I have become more profitable and at the end that is what matters to me that I'm making money. 2:1 ratio is still very good normally scalpers go for 1:1 or even less. But with 2:1 I have to bee right only half the...Ignored
Disliked{quote} Do you understand that he is 2:1 being risk 2 toreward 1? You said you have to be right 50% and that's not the case at all with a 2:1 risk/reward.Ignored
DislikedI had succces using 2:1 with 80 winrate. For around 50 trades. Then I losing streak came and I lost a lot. What timeframe are u using. You wait for some reaction in your key zones or just enter as soon price get to the zone?Ignored
Disliked{quote} I am using the 5 minute time frame. I enter at the zone with a limit order so i am not looking at the reaction to the zone. I have had losing streaks as well. I might stick to this strategy for a few months and see the profitability over say 100 trades. I trade multiple usd pairs so the winning streak might be misleading because some of the trades are correlated. Also breakouts are my enemy. So I think if I just trade the asian session there will be less volatility and it might prevent losing streaks.Ignored