Most traders will take profit here causing a small pullback.
Trade active:
Risk 2%
Reward 4% to 6%
Reward 4% to 6%
Trade closed: stop reached:
Stopped at BE
Trade active:
Sell Stop Order
Comment:
Sell Order will be executed at market opening :)
Trade closed: target reached:
Comment:
Important of RRR
Risk 2% and win more than 2%
This pair USDJPY, i risked 2% twice and got hit =4%
However EURJPY, i risked 2% and Profit 8%
Overall: Win = 1 = 8%
Loss = 2 = 4%
Total = 4% Gain.
The most important thing is not how many time you win.
Just follow your Trading plan and smile :)
Risk 2% and win more than 2%
This pair USDJPY, i risked 2% twice and got hit =4%
However EURJPY, i risked 2% and Profit 8%
Overall: Win = 1 = 8%
Loss = 2 = 4%
Total = 4% Gain.
The most important thing is not how many time you win.
Just follow your Trading plan and smile :)
