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- Can be the reason why we trade
- “You never know what kind of setup market will present to you, your objective should be to find opportunity where risk reward ratio is best.” ― Jaymin Shah
- “You create your own game in your mind based on your beliefs, intents, perception and rules.” ―...
What timeframe do you trade/analyze...? - > Most important question in this case, how can you determinate the TREND?
What is the best trend determination?
- Moving Avarage
- Higher High or Lower Low
- Etc...
10 % percent is reachable.
You need 0.5% profit on your capital every tradingday in a month. That is reachable
If you like 20% a month.
You need 1% profit on your capital every tradingday.
1. Enter the Trade (Strategy & Size)
2. EXIT : at Stop Price (Money Management) or at Target Price
3. Repeat with good Profit Factor
When evaluating trading strategies we are helped by many different types of measures of a strategy’s performance. One of the most common ones is profit factor...
1. How many cash/profit/income do you need a month? Forexample: 2000 eur.
2. How many return can you make a month? Forexample 5% on capital.
3. How many capital do you need, if you don t use leverage? In this case = 2000 / 0.05 = 40 000 eur