NexusFi: Find Your Edge


Home Menu

 





Daily max loss


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Massive l with 4 posts (6 thanks)
    2. looks_two Incognito with 3 posts (1 thanks)
    3. looks_3 Quick Summary with 1 posts (0 thanks)
    4. looks_4 Crude Man with 1 posts (1 thanks)
      Best Posters
    1. looks_one jonnytrade with 3 thanks per post
    2. looks_two AllSeeker with 2 thanks per post
    3. looks_3 Massive l with 1.5 thanks per post
    4. looks_4 Incognito with 0.3 thanks per post
    1. trending_up 2,660 views
    2. thumb_up 13 thanks given
    3. group 5 followers
    1. forum 10 posts
    2. attach_file 0 attachments




 
Search this Thread
  #11 (permalink)
 
Massive l's Avatar
 Massive l 
OR/USA
Legendary /NQ Trader
 
Experience: None
Posts: 2,129 since Mar 2011
Thanks Given: 1,859
Thanks Received: 5,107


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

Visit my NexusFi Trade Journal Reply With Quote
Thanked by:

Can you help answer these questions
from other members on NexusFi?
How to create dashboard like this one?
Platforms and Indicators
MC PL editor upgrade
MultiCharts
Value Area Low (VAL) – Lowest Price Level of Profile V …
NinjaTrader
How to plot a custom icon for crossover
NinjaTrader
Is there a way to simulate CONTINUOUS CONTRACT?
NinjaTrader
 
Best Threads (Most Thanked)
in the last 7 days on NexusFi
ApexTraderFunding.com experience and review
138 thanks
1 Minute Man
64 thanks
HumbleTraders next chapter
35 thanks
In futures why does price turn so hard against you
28 thanks
GFIs1 1 DAX trade per day journal
24 thanks




Last Updated on November 7, 2019


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts