Pure Risk to Reward trade System - 1 to 3- Totally random entries
I opened an Oanda Demo – $100,000 cad
I will put two trades on a day for 10 days - So I will put on 20 trades
One trade before 8 am in the morning (Monday morning to Friday morning)
One trade after 8 pm at night (Sunday night to Thursday night)
I will put on 1% each trade - ( )
Going to set and forget the trades until it wins or loses.
Find a trade
A. Find the pair. Use a die
1 or 2 is eurusd if used and will kill a trade use usdchf (reverse)
3 or 4 audusd if used and will kill a trade use nzdusd
5 or 6 gpbusd if used and will kill a trade use usdcad (reverse)
B. To buy or sell. Use a die
1, 2 or 3 buy
4, 5 or 6 sell
Target 158 pips (the 8 pips are to cover the spreads on the entries average 2 pips a trade)
Stop loss 50 pips
I need a 25% win rate to break even- anything more would be a win
– I think I will get better then 33% win rate so I should make pips.
The power of RRR at 3 proffit target to 1 stop lose.... if you win % out of 20 trades
number of winning trades x 158 = number of pips
number of losing trades x 50 = number of pips
= total pips – 40 pips for spread
= total pips after spread
25% win - 5 out of 20
5 x 158 = 790
15 x 50 = 750
= 40 pips – 40 pips for spread is
= 0 pips
33% win - 6 out of 20
6 x158 = 948
14 x50 = 700
= 248 pips – 40 pips for spread is
= 208 pips
40% win - 8 out of 20
8 x 158 = 1264
12x 50 =600
= 664 pips – 40 pips for spread is
= 624 pips
50% win - 10 out of 20
10 x 158 = 1580
10x 50 =500
= 1080 pips – 40 pips for spread is
= 1040 pips
Market is wild but it is also summer slow so not sure what will happen
I will post every time I put on a trade-
TRADES
Trade 1 Sun July 22 8:26 Pm - Audusd- short 1.0336 (Dice rolls 4 and 6)
***** (this should have been a winner at one time it was 10pips beyond the target- but that is 4X
Trade 2 Mon July 23 7:30 Am Audusd- short 1.0281 (Dice rolls 4 and 5)
Trade 3 Mon July 23 8:11 Pm Eurusd –short 1.2128 (Dice rolls 1 and 6)
Trade 4 Tues July 24 6:55 Am Usdchf –short 0.9932 (Dice rolls 1 and 3)
Trade 5 Tues July 24 8:31 Pm Gbpusd–short 1.5496 (Dice rolls 6 and 6)
Trade 6 Wed July 25 7:05 Am Audusd –Short 1.0292(Dice rolls 4 and 6)
Trade 7 Wed July 25, 9:05 Pm gbpusd –long 1.5922 (Dice rolls 6 and 2)
Trade 8 Thru July 26, 7:55 Am gbpusd –long 1.5648(Dice rolls 6 and 2)
Trade 9 Thru July 26, 10:04 pm Audusd sell 1.0401 (dice rolls 4 and 4)
Trade 10 Fri July 27, 6:55 Am Eurusd Buy 1.2288 (dice rolls 2 and 1)
Trade 11 Sun July 29, 8:33 Am UsdCad Buy 1.0046 (dice rolls 3 and 5)
Trade 12 Mon July 30, 7:58 Am Audusd sell 1.0495 (dice rolls 3 and 4)
Trade 13 Mon July 30, 9:58 pm Gpbusd buy 1.5725 (dice rolls 6 and 3)
Trade 14 tue July 31, 7:40 am eurusd sell 1.2275 (dice rolls 1 and 6)
Trade 15 tue July 31, 9:29 pm eurusd sell 1.2281(dice rolls 2 and 6)
Trade 16 Wed Aug 1, 7:55 am Audusd sell 1.0521 (dice rolls 4 and 5)
Trade 17 Wed Aug 1, 8:31 pm gbpusd sell 1.5532 (dice rolls 6 and 5
Trade 18 thru Aug 2, 7:31 am Audusd sell 1.0518 (dice rolls 3 and 5)
Trade 19 Thru Aug 2, 9:19 pm gbpusd sell 1.5515 (dice rolls 6 and 5)
Trade 20 Fri Aug 3, 6:03 am eurusd sell 1.2238 (dice rolls 1 and 5)
As my son would say epic failure lol
I opened an Oanda Demo – $100,000 cad
I will put two trades on a day for 10 days - So I will put on 20 trades
One trade before 8 am in the morning (Monday morning to Friday morning)
One trade after 8 pm at night (Sunday night to Thursday night)
I will put on 1% each trade - ( )
Going to set and forget the trades until it wins or loses.
Find a trade
A. Find the pair. Use a die
1 or 2 is eurusd if used and will kill a trade use usdchf (reverse)
3 or 4 audusd if used and will kill a trade use nzdusd
5 or 6 gpbusd if used and will kill a trade use usdcad (reverse)
B. To buy or sell. Use a die
1, 2 or 3 buy
4, 5 or 6 sell
Target 158 pips (the 8 pips are to cover the spreads on the entries average 2 pips a trade)
Stop loss 50 pips
I need a 25% win rate to break even- anything more would be a win
– I think I will get better then 33% win rate so I should make pips.
The power of RRR at 3 proffit target to 1 stop lose.... if you win % out of 20 trades
number of winning trades x 158 = number of pips
number of losing trades x 50 = number of pips
= total pips – 40 pips for spread
= total pips after spread
25% win - 5 out of 20
5 x 158 = 790
15 x 50 = 750
= 40 pips – 40 pips for spread is
= 0 pips
33% win - 6 out of 20
6 x158 = 948
14 x50 = 700
= 248 pips – 40 pips for spread is
= 208 pips
40% win - 8 out of 20
8 x 158 = 1264
12x 50 =600
= 664 pips – 40 pips for spread is
= 624 pips
50% win - 10 out of 20
10 x 158 = 1580
10x 50 =500
= 1080 pips – 40 pips for spread is
= 1040 pips
Market is wild but it is also summer slow so not sure what will happen
I will post every time I put on a trade-
TRADES
Trade 1 Sun July 22 8:26 Pm - Audusd- short 1.0336 (Dice rolls 4 and 6)
***** (this should have been a winner at one time it was 10pips beyond the target- but that is 4X
Trade 2 Mon July 23 7:30 Am Audusd- short 1.0281 (Dice rolls 4 and 5)
Trade 3 Mon July 23 8:11 Pm Eurusd –short 1.2128 (Dice rolls 1 and 6)
Trade 4 Tues July 24 6:55 Am Usdchf –short 0.9932 (Dice rolls 1 and 3)
Trade 5 Tues July 24 8:31 Pm Gbpusd–short 1.5496 (Dice rolls 6 and 6)
Trade 6 Wed July 25 7:05 Am Audusd –Short 1.0292(Dice rolls 4 and 6)
Trade 7 Wed July 25, 9:05 Pm gbpusd –long 1.5922 (Dice rolls 6 and 2)
Trade 8 Thru July 26, 7:55 Am gbpusd –long 1.5648(Dice rolls 6 and 2)
Trade 9 Thru July 26, 10:04 pm Audusd sell 1.0401 (dice rolls 4 and 4)
Trade 10 Fri July 27, 6:55 Am Eurusd Buy 1.2288 (dice rolls 2 and 1)
Trade 11 Sun July 29, 8:33 Am UsdCad Buy 1.0046 (dice rolls 3 and 5)
Trade 12 Mon July 30, 7:58 Am Audusd sell 1.0495 (dice rolls 3 and 4)
Trade 13 Mon July 30, 9:58 pm Gpbusd buy 1.5725 (dice rolls 6 and 3)
Trade 14 tue July 31, 7:40 am eurusd sell 1.2275 (dice rolls 1 and 6)
Trade 15 tue July 31, 9:29 pm eurusd sell 1.2281(dice rolls 2 and 6)
Trade 16 Wed Aug 1, 7:55 am Audusd sell 1.0521 (dice rolls 4 and 5)
Trade 17 Wed Aug 1, 8:31 pm gbpusd sell 1.5532 (dice rolls 6 and 5
Trade 18 thru Aug 2, 7:31 am Audusd sell 1.0518 (dice rolls 3 and 5)
Trade 19 Thru Aug 2, 9:19 pm gbpusd sell 1.5515 (dice rolls 6 and 5)
Trade 20 Fri Aug 3, 6:03 am eurusd sell 1.2238 (dice rolls 1 and 5)
As my son would say epic failure lol