Dear Rip bro
What is the risk/reward ratio you keep & is there any fix stop loss & target per trade? Pl. guide us about your mm. strategy.
Regards
Bro!!Thanks for your interst in MM theroy. It is very interesting and weird as well at the same time.
I never see any reward in any trade before entering into the trade, i always focus on risk. It is important to protect what i have than to increase my trading account. For this reason, I always assume 3-4% minus my trading capital on any given day. For example, if i have 1L , I assume i have 97K before start trading, so this day I am 100% prepared to lose my 3K, So to keep this think in my mind, I go ahead with full risk of 3K. Because I have nothing to lose now
I have 97K capital, this is what i knew(assumed) it before began my trade. So, everything is look like opportunity to me.
Long story short, I focus on Risk rather reward. :thumb:
Thanks
rip07