I size my trades relative to the 14 period ATR of the instrument to be traded. Maximum risk is 1.5 ATR and the trade is sized so that the maximum potential loss of the trade does not exceed 1% of my available capital. I may add an additional correlated pair for a maximum 2% risk, but no more.
@@LukaszAdams If you want to determine actual statistical probabilities, you need to use standard deviation. I have used an indicator in the past called a Probability Cone that looks like a normal distribution laying on its side. You just seriously motivated me to overlay that indicator on my trades to analyze the probability of my stops.
Favourite trading channel on RUclips.
I size my trades relative to the 14 period ATR of the instrument to be traded. Maximum risk is 1.5 ATR and the trade is sized so that the maximum potential loss of the trade does not exceed 1% of my available capital. I may add an additional correlated pair for a maximum 2% risk, but no more.
Sound good i think you got 40/50% win rate with that sl? I hear when you got atr 2x sl you got 33% of chance to hit sl.
@@LukaszAdams If you want to determine actual statistical probabilities, you need to use standard deviation. I have used an indicator in the past called a
Probability Cone that looks like a normal distribution laying on its side. You just seriously motivated me to overlay that indicator on my trades to analyze the probability of my stops.
Hey you got beard😂
Damn we really got Mr Puri with a beard b4 GTA 6 😪
@Trendlines_mc 😂😂😂
I was as surprised as you
Button youtube so great ❤ love it. Hope you get more reward from your content 9:16
If you really think about it, then improve your win rate.
seeing you with a beard is like watching a whole other man lol