So, what IS a successful trader? - Page 3
Page 3 of 503 FirstFirst 123
Results 21 to 22 of 22

Thread: So, what IS a successful trader?

  1. #21
    Quote Originally Posted by ;
    quote Successful trader is the trader who deals stably. According to statistics trader is trader who deals 60/40. 60% of trades are profitable, 40% unprofitable.
    Not always true my friend. I just have a 45%/55% gain loss rate, YET I come out per month based on the fact that I make my PL pips larger than my SL pip limitation on the OCO. Usually everywhere from 1/1.5 to 1/4 based on the strength of indiors AND if im scalping or holding midterm. Best money management scheme I believe.

  2. #22
    In a suitable money management egy really should be a rule that Take Profit size has to be greater than the stop loss many times.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
This website uses cookies
We use cookies to store session information to facilitate remembering your login information, to allow you to save website preferences, to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners more information