Edit Your Comment
What should be the risk percentage?
Jan 12, 2021 at 12:41
会员从Jul 19, 2020开始
298帖子
Actually risk percentage depends on many factors. How much you can tolerate is a factor. It also associated with your winning ratio. A trading strategy is a combination of all factors according to your skills, capital, risk tolerance power. You have to make a system so that you can survive in the market and make profit.
Jan 13, 2021 at 02:07
会员从Apr 01, 2020开始
231帖子
AliaDare posted:Yes, exactly the advice which I was also thinking of. We should not adopt the risk over 2% to keep our trade safe.
I don't think you should risk more than 2% for a trade. If you risk more than 2%, it will never be under the management of money management.
会员从Dec 21, 2020开始
15帖子
会员从Jul 20, 2020开始
399帖子
会员从Jan 13, 2021开始
29帖子
会员从Jul 23, 2020开始
869帖子
会员从Nov 24, 2020开始
33帖子
会员从Nov 24, 2020开始
33帖子
Feb 09, 2021 at 11:22
会员从Nov 24, 2020开始
33帖子
phillipgriffin posted:Call it a strategy or not, there’s actually a simple formula that asks you to compare the amount you’re willing to risk on the trade to the prospective gain. Statistically speaking, if you’re planning to have a prospective profit of $600 as compared to a projected risk of $200, the risk reward ratio in this case would be 1:3. So, now if you place say 10 trades with a ratio of 1:3 and only made profit in 3, you would still make $400. A decent amount of profit despite being correct only 30% of the time.downtown posted:Is there any strategy or any method to set the risk reward ratio for a day trader like me?
Either 2% or 1:2 risk ratio are fine
The 1% rule can give you the leverage to withstand a long string of losses. However, before you plan on risking even 1% of your money, I’d suggest you to practice on the demo account. I did the same with my brokers Fxview and IB to have a better understanding of how the market works.
会员从Nov 24, 2020开始
33帖子
Feb 10, 2021 at 07:03
会员从Nov 24, 2020开始
33帖子
phillipgriffin posted:Ok, so I do understand that the 1% rule is for the beginners, rather it’s the most critical rule they need to set and follow. But what if I’ve spent years trading? Do I still need to follow this risk reward ratio?phillipgriffin posted:Call it a strategy or not, there’s actually a simple formula that asks you to compare the amount you’re willing to risk on the trade to the prospective gain. Statistically speaking, if you’re planning to have a prospective profit of $600 as compared to a projected risk of $200, the risk reward ratio in this case would be 1:3. So, now if you place say 10 trades with a ratio of 1:3 and only made profit in 3, you would still make $400. A decent amount of profit despite being correct only 30% of the time.downtown posted:Is there any strategy or any method to set the risk reward ratio for a day trader like me?
Either 2% or 1:2 risk ratio are fine
The 1% rule can give you the leverage to withstand a long string of losses. However, before you plan on risking even 1% of your money, I’d suggest you to practice on the demo account. I did the same with my brokers Fxview and IB to have a better understanding of how the market works.
会员从Nov 24, 2020开始
28帖子
Feb 10, 2021 at 09:52
会员从Nov 24, 2020开始
28帖子
phillipgriffin posted:Well no, that entirely depends on your comfort as a trader to bear the loss. See, the 1% rule can be twisted depending on your account size and the market. You simply need to set a percentage that you’re comfortable playing and risking around with. Once done, all you have to do is calculate your trade’s position size depending on the entry price and stop loss.phillipgriffin posted:Ok, so I do understand that the 1% rule is for the beginners, rather it’s the most critical rule they need to set and follow. But what if I’ve spent years trading? Do I still need to follow this risk reward ratio?phillipgriffin posted:Call it a strategy or not, there’s actually a simple formula that asks you to compare the amount you’re willing to risk on the trade to the prospective gain. Statistically speaking, if you’re planning to have a prospective profit of $600 as compared to a projected risk of $200, the risk reward ratio in this case would be 1:3. So, now if you place say 10 trades with a ratio of 1:3 and only made profit in 3, you would still make $400. A decent amount of profit despite being correct only 30% of the time.downtown posted:Is there any strategy or any method to set the risk reward ratio for a day trader like me?
Either 2% or 1:2 risk ratio are fine
The 1% rule can give you the leverage to withstand a long string of losses. However, before you plan on risking even 1% of your money, I’d suggest you to practice on the demo account. I did the same with my brokers Fxview and IB to have a better understanding of how the market works.
会员从May 10, 2019开始
27帖子
Nov 09, 2021 at 14:57
会员从May 10, 2019开始
27帖子
Actually, every trader decides by himself, what risk percentage to set. The genral rules sound like never open a position with more than 2-3% from your total deposit. However, traders don't often comply with this rule. Every trader wants to get as much money as he can, so he decides to open a position with 10-20% or the whole amount of deposit. It's prohibited, in case you want to build long-lasting trading career. Nevertheless, there are some traders who can open position with a half or the full of the deposit, but they're professionals and often they know what to do.
HeavenLeighGill (HeavLeighGill26)
会员从Aug 05, 2021开始
401帖子
会员从Jul 20, 2020开始
399帖子
Nov 17, 2021 at 08:22
会员从Jul 20, 2020开始
399帖子
1-3% is ideal as according to probabilities in 10000 trades you will have a run of 13 straight losers. Now that may seem like a lot of trades but if you're in this for the long haul you'll hit that and also there is no way to determine when they will come so could come at the beginning of your career

*商业用途和垃圾邮件将不被容忍,并可能导致账户终止。
提示:发布图片/YouTube网址会自动嵌入到您的帖子中!
提示:键入@符号,自动完成参与此讨论的用户名。