Been trying a couple of systems these few weeks. Didn't really work. Last try was a 5 pip limit 15 pip stop. Got to 10% gains before hitting a 20% loss. This then got me thinking back to my first 2 pip strategy that netted 24% gains before a 30% loss. I realised that maybe in fact reversing the stops and limits might just work. So now:
Trade opposite direction of previous bar. 5 pip stop, 15 pip limit. Go for a lower required win percentage. Previously when gg for a high won percentage, it was trade in the same previous day direction, 5 pip limit 15 pip stop. So perhaps going the exact opposite with good discipline would see the exact opposite results? Let's try! Current RR is 1:3. But previously my RR was 10:1. Maybe a 1:10 RR might be something for the future... Trade safe!
Yours,
X
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