Naked Chart Based Trading PRM style "LESS IS MORE"

Risky trade for me, but am enticed by upside potential when & if breakout occurs, stop & target on chart. Long GBPJPY.

 

Nice start, cool looking grail there.

 

Current positions

 

-1

 

Trading levels you're either on the right side or the wrong side. Thankfully, 'stop hunting' doesn't take place all the time.

 

Short Naz, 9 up days in a row, enough is enough.

 

Reward:Risk ratio is of most importance to traders that are not in possession of a high win 'sauce'. I like that ratio to be around 3/1 (risk 1% gain 3%), as it's both realistic to achieve and provides sufficient gain to make a net profit. A win rate of just 25% puts you at breakeven, anything above that is profit.

 

The Good, The Bad & The Ugly. There ought to be no ugly decisions when backing ANY event.

 

Man your a real inspiration! I hope your trading and betting goes well. i watch your vids at this moment and you did a really good job

 

That's a nice comment, thank you!