Let's assume a strategy that has the following result after +100 trades:
35% winners (hit +10, no further data about hitting higher targets)
35% breakeven (hit +4 but not +10 & returned to entry)
30% losers -4
What would we the best moneymanagement for this strategy? All out at +10 or considering taking some early scale outs to cash in some $$$ from the breakeven trades.
It will lower the average risk/reward ratio but psychologically this could be a benefit. Any ideas about this?
35% winners (hit +10, no further data about hitting higher targets)
35% breakeven (hit +4 but not +10 & returned to entry)
30% losers -4
What would we the best moneymanagement for this strategy? All out at +10 or considering taking some early scale outs to cash in some $$$ from the breakeven trades.
It will lower the average risk/reward ratio but psychologically this could be a benefit. Any ideas about this?