If you see a black circle, it means that there was an even risk to reward ratio, meaning that the stop loss was about the exact same size as the take profit. A green circle mean a positive risk to reward ratio.
That means the target is greater than the stop loss, which is something that you should be doing, and that's something that all professionals are doing. If there is an orange circle, that means there is no stop loss and or take profit. So that's kinda how the legend goes. Let's go ahead and go over the individual trades here. So his first set of trades are on the dollar-yen, and he opens 'em up at 13 03 in. So these these two right here, these are box, I'm kinda grouping together, 'cause there are only a few pips difference, and they're only seven minutes apart Casinoslots South Africa His entry is at 113, roughly, and 112.95. His stop loss is over 300 pips away. Whereas his target, 200 pips. So this is a completely inverted risk to reward ratio. Then on an earlier trade he had here, here's an earlier trade he had that was higher, 13 86. This one had a 214 pip stop loss. And he had a 286 pip take profit there. So this one's actually somewhat balanced there. But then here's another set of groups of trades, Dollar-Singapore, all around 40 20, 40 30, 40 20. So I kinda just grouped them all together. But again, inverted risk to reward ratios. So here he has a 113 pip target, 13 pip stop loss, his actual target is only a hundred pips away. So completely inverted there. Same thing here. He has a hundred pip stop loss, and here he only has a... He actually ended up adjusting the take profit so that he could get out of the trade negative, basically. So you do the math on that one there. Here's a gold trade here where he has roughly a dollar 35 stop loss and he has a 3 dollar take profit. So, our first actual positive risk to reward ratio. Then this trade here, there's no stop loss. This is something you should never do because you can never quantify your risk. That means your risk is technically unlimited. He has, what, 180 pip target, and he has no stop loss on this one here. So, a total of, what? Two inverted, two normalised, and one with no stop loss. So here's the next one. Again, a dollar-yen trade with no stop loss. Another gold trade at 12 18. Look at his stop loss on this one here, 13 20. So 102 dollars, where's his target? He ended up lifting his target, so that he could get out for a negative. Then he takes open four group trades on the Dow Jones. None of 'em have a stop loss, and only two of 'em have a take profit. So, yeah. That's all I can say about that one there. Here's another trade on the FTSE. He has about a 175 point stop loss, and his target, he ended up raising it to the negative so he could get out early. Kiwi dollar, two trades. No stop loss or take profit. Aussie dollar entry. No stop loss or take profit. Now, these are all kind of... I made the separate trades here, because they're different times, this is like 18 hours later, this is like another 10 hours later. So if you look at this here, these are all buys, he has 93 pip targets on this one here, about 100 pip, 110 on this one, but stop loss whatsoever. Moved on to pound-dollar, again, no stop loss or take profit. Another FTSE trade, and he gets in 60 40. He has a 215 pip stop loss. What's his target? 100 pip, points. Completely inverted. In fact, his stop loss is two and a half times bigger than his target. Here, he's in a pound-yen trade, and he has a 200 pip stop loss, and 200 pip target, so this one's balanced. These two are just connected, this FTSE's connected to this one here, and this one's connected to this one here. Now we finally have some trades. Took him a while, but then he finally has some trades that he has balanced stop losses and take profits. So here he has, he moved his stop loss, or he has a 5.6 point stop loss.
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AuthorI'm an high school art teacher who's really interested in student choice and creating opportunities for self expression. I'm also a writer at the Students QA platform and co-author of the soon to be published book The Open Art Room. In my free time I love to garden, cook and jog - all while chasing two boys under four! Archives
April 2019
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