Setups
Any trading egy/system is welcome
https://www.cliqforex.com/attachment...6759305622.ex4
https://www.cliqforex.com/attachment...1885928377.ex4
Criteria
Trades with Risk Reward Ratio at least 1:1/2
I aim for 1:2, However it's challenging to Find the setups.
Simple Math
Two parameters define itHit Ratio Risk:Reward Formula to figure your necessary Hit Ratio with an predefined R:R to acquire profit
Hit Ratio = 1/(Reward/Risk 1)
This formulation doesn't include trading costs such as spreads and commissions
Example 1:Your RR = 1:2 Hit Ratio = 1/(2/1 1) Hit Ratio = 1/3 Hit Ratio = 33% You need to win only over 33 percent of your transactions to earn profits. In trading Hit Ratio ~ 40 percent to make profits Example 2:Your RR= 1:1 Hit Ratio = 1/(1/1 1) Hit Ratio = 1/2 Hit Ratio = 50% You want to acquire only greater than 50 percent of your transactions to earn profits. In trading Hit Ratio ~ 60 percent to make profits Example 3:Your RR= 1:1/2 Hit Ratio = 1/ 2(0.50/1 1) Hit Ratio = 1/1.5 Hit Ratio = 67% You want to acquire over 67% of your transactions to earn profits. In trading Hit Ratio ~ 75% to make profits Example 4:Your RR = 1:3 Hit Ratio = 1/(3/1 1) Hit Ratio = 1/4 Hit Ratio = 25% You want to acquire only greater than 25 percent of your transactions to earn profits. In trading Hit Ratio ~ 33 percent to make profits Example 5:Your RR = 1:5 Hit Ratio = 1/(5/1 1) Hit Ratio = 1/6 Hit Ratio = 17% You want to acquire only greater than 17% of your transactions to earn profits. In real trading hit Ratio ~ 25 percent to make profits
Poll Updates
Answer the survey to give data what traders use.
Good luck whatsoever,