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Daily max loss


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  #11 (permalink)
 
Massive l's Avatar
 Massive l 
OR/USA
Legendary /NQ Trader
 
Experience: None
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Crude Man View Post
Your max loss should always be smaller than your average winner.

Aim for 2.5:1 on all your trades i.e. for every Euro you lose on a trade, make sure you make 2.5 Euros on a winning trade.

risk/reward means more than max loss/average winner.

e.g.

62% win
435 avg win
225 avg loser
1.92 R/R
max loser 745
max winner 1100
expectancy $185 per contract

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