Here is excel spreadsheet for risk management. It uses:
1) Starting Capital
2) 1% per trade loss
3) 2 price points - entry exit
4) Illustrates 1:9 9:1 5:5 Win Loss Ratio Outcomes
5) Specific point or tick stop loss quantity
If you can modulate the above you can see where probability and risk management can work for you.
1) Starting Capital
2) 1% per trade loss
3) 2 price points - entry exit
4) Illustrates 1:9 9:1 5:5 Win Loss Ratio Outcomes
5) Specific point or tick stop loss quantity
If you can modulate the above you can see where probability and risk management can work for you.