Alright. So if my usual trade is one contract of 6*$100000 of TP 100 & SL 50,i should break it up into 2*$100000 of 33 & 25, 2*$100000 of 66 & 37, and 2*$100000 of 100 & 50?
If you can spend the extra work, instead of lots 6.00 SL 50 TP 100 I suggest (and also to put some trade management on contract 1 & 2)
This will not by itself increase return per month. That will happen when risk level is adjusted according to new trade statistics using risk calculator
- Code: Select all
1 (maintaing your existing TP/SL relation)
1. Lots 1.2 SL 75 TP 150
2. Lots 1.2 SL 62 TP 125
3. Lots 1.2 SL 50 TP 100
4. Lots 1.2 SL 37 TP 75
5. Lots 1.2 SL 25 TP 50
2
1. Lots 1.2 SL 75 TP 100
2. Lots 1.2 SL 62 TP 80
3. Lots 1.2 SL 50 TP 60
4. Lots 1.2 SL 37 TP 40
5. Lots 1.2 SL 25 TP 20
3 (maintaing your existing TP/SL relation)
1. Lots 2.0 SL 75 TP 150
2. Lots 2.0 SL 50 TP 100
3. Lots 2.0 SL 25 TP 50
4
1. Lots 2.0 SL 75 TP 100
2. Lots 2.0 SL 50 TP 66
3. Lots 2.0 SL 25 TP 33
