Hi guys, I am just a little confused on MM techniques.
I have been demo trading and using "Que's MM CalcuLog Ver 12.xls" as my FX calculator and trading log.
It looks like Que's MM techniques involve adjusting lot sizing so no matter where my stop is I still only risk 2% of my acct. That part I understand.
Where I get confused is when people say to maintain at least a 1:2 RR ratio preferably 1:3+.
What I have found in my demo at least is that if i'm playing a daily pin with a 75 pip stop, and I try to hold out for a 225 pip move in my favor I usually get stopped out or wind up with dead money waiting for days for the price to move.
How can I keep my RR ratio on the right track using Que's MM calcualations?
I have been demo trading and using "Que's MM CalcuLog Ver 12.xls" as my FX calculator and trading log.
It looks like Que's MM techniques involve adjusting lot sizing so no matter where my stop is I still only risk 2% of my acct. That part I understand.
Where I get confused is when people say to maintain at least a 1:2 RR ratio preferably 1:3+.
What I have found in my demo at least is that if i'm playing a daily pin with a 75 pip stop, and I try to hold out for a 225 pip move in my favor I usually get stopped out or wind up with dead money waiting for days for the price to move.
How can I keep my RR ratio on the right track using Que's MM calcualations?