Improving My Win Loss Ratio In Forex Trading Achieved With 9.92%Not only I was able to achieve my Win Loss Ratio but I was able to make 9.92% profit in three weeks.
Improving my win loss ration in Forex Trading in this manner was amazing. Even when I started the improvements I didn't imagine I will turn the table 180 degrees. I was going to accept my Win Loss ratio to skew towards the loss side. With a good RRR the balance would still increase. But the result that I got is that my Win Loss is now 17:11 while before was something like 4:14. I don't have the exact old Win Loss ration anymore as the formula was damaged.
The search for a solid Forex Trading Plan is not over yet. The plan that I have is still scary and very risky, as it does not have any Stop Loss or Take Profit in it. I open several positions and then close them all as one batch once they reach an acceptable percentage of the current balance.
With the current method of closing the whole batch I am still leaving money on the table, and since I am trading the daily timeframe, a position trigger does not come easily. Trading this time frame is really scary and intimidating not to mention that I am trading it without any stop loss or take profit.
Unfortunately, I still didn't find a way to include those protections yet, but next week I will try to solve the challenge of leaving money on the table. Next week I will start dealing with each trade as a thesis of its own. Each trade will have it own story. Once the story approaches its end I will close the trade whether it is winning or losing.
Meaning, the thesis that opened the trade needs to change to close the trade. I am testing if I will have the stomach for such a scary ride.
