Nice videos, I'd just add, everyone always talks about rick reward with a very short term view, which in fairness isn't great. It makes people think that if they have 10 losing trades, the system wont work. Yes I conceed, it's not a great start, but risk reward should always be look at over a longer period. At least a 100 trades for the edge to play out, it wont play out of 10 trades, but it has a chance to over 100 plus. Many good trading system end up in the bin, before they had a chance.
Nice videos, I'd just add, everyone always talks about rick reward with a very short term view, which in fairness isn't great. It makes people think that if they have 10 losing trades, the system wont work. Yes I conceed, it's not a great start, but risk reward should always be look at over a longer period. At least a 100 trades for the edge to play out, it wont play out of 10 trades, but it has a chance to over 100 plus. Many good trading system end up in the bin, before they had a chance.
pipsondemand1 1 year ago