You can't stick to a single strategy all your life. A trading strategy must adapt/change according to the market or volatility of the symbol, not all strategies perform the same on all symbols. ex: If you're a scalper you're definitely a loser if your style is 1:1
The reason on why i am not going for the 1 to 1 return is because i have actually manually tested the systems and found out that it's more profitable with 1:3 risk reward system managed with price action retracement and hedging. What i found out is that most of the time, some trades that could have took profit at 1:1 might possibly run into risk reward of 1:2 or even greater. When the trades gets to 1:1 risk reward, i will manage it with price action which means i could closed it with little profit or slight loss instead of full SL.
What do you think mate? I have gained more than 40 percent last month. This month, i am currently at 12 percent drawdown due to a mistake i made last week with my consolidation lines. I missed out on 2 potential 18 percent gains.
Guys do you believe that there are traders who makes 100 percent every month or every 2 weeks use a 95 percent win rate. He has a huge pamm. I have heard this from a friend. I never believed in such holy method before.
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