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RE: Good morning and a nice Sunday to all you folks! Week ahead in the markets - what it brings, charts & thoughts

in #trading7 years ago

Hai @furious-one good

I choose gold and I analyze the gold price will go up or down, if up, I choose to go up and enter the amount to be in trading. Suppose I enter $ 100. If my analysis is right then I can profit 91% of the $ 100 I trade.

If your trading day 3 times with profit 91% each trading means you can get 273% profit a day.

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hello @yuliaindra but what about your risk profile? risk:reward must be proper or great wins wont last. Been trading long enough to know that. check risk:reward probabilities here, this will tell you when to change it http://www.equitycurvesimulator.com/

I do not think about it before, I am very grateful for your suggestion @furious-one it is good for my future development.