Thread: 0 to 10000%: Big RR

Originally Posted by ;

quote Can not agree more ... Failure is exactly what build experience ... And if you never neglected, you will not be ready to take the ONE when it will happen ...

Yes.

Failure is the basis of success,
and the means by which it is attained. - Lao Tzu

I Am subscribed,
I Am a big fan of Significant RR.
Though a rigorous commerce direction is to be adhered to.
For me personally, A entrance for Big RR and discipline and patients.


Regards,
Festus

Originally Posted by ;

I Am subscribed, I Am a big fan of Significant RR. Though a strict commerce management is to be stuck to. For me personally, A entry. Best wishes, Festus

Just what I am trying to do! A entrance for Enormous RR and discipline. Thanks Festus

Originally Posted by ;

How large is your R :R ratio per transaction?

Hi Pipsalon,

It is different but consistently over 1:3.

This is amazing, subscribe.

Good thread ... high RR is something I'm starting to realise is essential, leaves and that. I began to exchange 1m into timeframes, make logical admissions based on support and resistance and also how price reacts there, and then cut losses fast. What I find the biggest hurdle is not the entrances but exits. Do you exit at support/resistance places if price is exhausting? Exits are the holy grail as far as trading is concerned.

Anyhow, again, fantastic thread, look forward to following along.

Originally Posted by ;

This is awesome, subscribe.

Due Mozak

Originally Posted by ;

Great thread ... high RR is something I'm starting to realise is key, leaves and that. I began to exchange 1m to timeframes, make logical admissions based on support and resistance and price reacts there, and then cut losses fast. What I find that the biggest hurdle isn't the entries but exits. Can you depart at support/resistance places if price is exhausting? Exits are likely the holy grail so far as trading is concerned. Again, good thread, look forward to following along.

Hello L33,

Many traders seems to be ignoring the fact that the market is in a sense 'arbitrary'. To overcome this randomness that they must make use the advantage that anybody can get, that's the law of chance. The law of chance alone may not be sufficient but if one can combine it even with a straightforward positive expectancy egy you'd get a great profitable egy.

Strike and run theory may work but it is too much work to make it work. Slippages and spreads kill most of the system that works but only in theory.

Excellent to hear you were still on friday though. When in doubt stay out. Remain out, whenever you have dropped more than you believe you need to. The market has its tantrums once in a while. When it is moody, just leave it for a while to input again in the direction that it did not want to go. It will not be dimmed once a little while, at least.

Originally Posted by ;

Hey Looser! Why would you love to lose? image While you can win too? image image Step out from your shoes and watch this TE because it would be for somebody else! What is the typical on losing trades? What is the common in the winner transactions? I bet you will find the answer and you will exchange even more profitably. Until now I like your style , that is why I wished to provide a clue (check the transaction opened hours and create decisions!) I really don't wish to elaborate my machine, but I found is how the 40:1 -60:1 leverage, risk per transaction more then 2 percent, not as...

Hello Matheszabi,

I honestly don't understand this post. You have a point there about the form of brokers traders must choose. Always choose brokers that are controlled by a regulator not only in some island. FCA(UK) and ASIC comes to mind. The broker that I am using is only valid for smaller accounts.

P/s Owh I buy it now, you're attempting to tell me that I have to read the ribbon 100$ to 10,000$ so I would trade better. Thank you for the advise and wisdom. I will look it over. I believe I have read it before but its okay I will check it.

Originally Posted by ;

I saw the 'High hit rate vs big R - Which one would you prefer and why?' Ribbon and I think I am going to talk with you guys that trading using RR is exactly what I found to be a very important part of a winning egy. I am not stating that hit rate will not get the job done, it is merely that the probability is skewed in case you have a negative expectancy egy. When you are handling something crazy like the fx market, negative expectancy egy will make it harder for you....

Hey super trader, nice work

I am interested in how you manage your transactions once in. I.e Can you track stops until you are stopped out or do you have a long-term target?