Refining Risk Management In My Strategy

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  • Опубликовано: 27 ноя 2024

Комментарии • 7

  • @themikwebber
    @themikwebber  9 месяцев назад +1

    Rusty af

  • @alexandrabuckman
    @alexandrabuckman 9 месяцев назад +1

    Heck yea, welcome back!

  • @Thefirstshimita
    @Thefirstshimita 9 месяцев назад

    Let's go! Glad to see these back. Hope all is well and same for the kitchen renos. Sounds like the risk management is fleshing out very nicely, so I'm happy things seem to be smoothing out for you again. Something I think is forgotten is that RR will matter more if you structure it by dollar vs the trade. IE you can have a winning 2:1 that is 20pts win 10pts loss, but then have a losing 40pts win 20pts loss trade. In which scenario, (unless you sized by micros for precision lol) you'd be BE for a skewed trade set. So it's good to see you trade by monetary ratio to keep all the trades level.
    Welcome back!

    • @themikwebber
      @themikwebber  9 месяцев назад

      Yeah I had to dig into the research, find a RR $amount that wouldn’t blow the account in 4 trades but that could also be able to pass account $200/$400 seems like a good place for me at the moment

  • @yomigoaldo5500
    @yomigoaldo5500 9 месяцев назад

    Keep going at it, right behind you with the same mistakes 🤝

    • @themikwebber
      @themikwebber  9 месяцев назад

      That’s why we have this channel! Lol