and what is your preferences.
Mine is a lot of small winners and a few small losers.
Looking at this past year the bulk of losses have been 0.25-0.5% of my portfolio balance. The bulk of my winners have been falling between 0.25-1%. I have a few very small winners, <0.1% and a couple 'big' winners (>1%).how small is the amount?
Looking at this past year the bulk of losses have been 0.25-0.5% of my portfolio balance. The bulk of my winners have been falling between 0.25-1%. I have a few very small winners, <0.1% and a couple 'big' winners (>1%).
You don't want to know my win rate, it's unbelievably high so I won't even mention it. The RR I aim for is at least 1:2 (1 unit risk'ed for 2 units made) but my actually expectancy has been much higher than that, primarily due to my high win rate.
Just about everything that has a liquid market.what do you trade?
If you are familiar with Peter Brandt, I do something similar to him. I look at the weekly price action, then daily, and then usually take my entries anywhere from hourly to daily TF.what timeframe do you trade off ?