Is it possible to make losses smaller without making wins smaller as well? Not with a coin flipping system, but with forex we can make the stop tighter than the limit. Remember I am only aiming for breakeven with the risk management. If I elected to have a 40 point stop and a 60 profit target, I could lose 60% of the time and still breakeven:
for 10 trades, wins = 4*60, losses = 6*40
Wins 240 pips
Losses 240 pips
OK we have breakeven Houston
Morty Sill
Saturday, 18 July 2009
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