i was thinking very hard. Everybody says use a risk to reward ratio of 1:1 or 1:2. I know it works but it seems so difficult for me to achieve that. Maybe its too easy that my mind keeps saying its hard. So i thought and came out with something.
Currently i am doing automated trading with my own strategies with a target of 5 pips. SL of 100 pips. I know its stupid or whatever but i dont care. These strategies are carefully selected by backtesting for up to 3 years or maybe more and shows a 100% win (you may think its impossible but i don't think so) but these strategies only triggers a maybe 3 times a week so collecting a total of 15 pips. They only trigger when the probability is high very high . I am still testing it in demo thats y i was busy.
Still in testing phase. The testing platform is ninjatrader so it the live platform. I am testing in all the available currencies given by gain capital a total of 15 pairs. Its automated so there's no stress.... i am sure this will work.
Till next time good luck fellow friends and traders. May all our wishes come true.
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