Forum: Psychology and Money Management
October 13th, 2015, 03:10 PM
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Replies: 6
Views: 1,510
I think what you are asking for is very...
I think what you are asking for is very difficult, if not impossible in today's markets. General rule of thumb is that everything evens out one way or another. So if you want reward/risk of 7:1, then...
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Forum: Psychology and Money Management
October 13th, 2015, 02:55 PM
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Replies: 6
Views: 1,510
I agree. I do much better when breaking trades...
I agree. I do much better when breaking trades down into 3 parts. I usually enter with 2 parts with 1R and 2R targets, then I often scale in 1 more part if the price comes against me (averaging down)...
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