- Search Metals Mine
-
pipmutt replied Jun 10, 2012So after all that back and forth you're not even using a fixed 1:1
Huh? Thank you for your diagnosis Doc, is this where you start making personal remarks and insults? As for 6,000% return pa I have no idea whether anyone can do it or not, ...1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012What you're saying is easy to understand, the problem is it doesn't actually make sense. Equity is equity, whether that's realised on a liquidated trade or unrealised profit on a profitable trade, it's all equity. Trading short term 'frequently' ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012I take the market as I find it, trends and ranges, I trade both. The difference is I have no predefined limit on profit, the market tells me soon enough, whether that's 50 pips or 500 pips I'll take whatever I can get, I'll exploit a profitable ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012Is that a question or a statement? If you agree managing a trade is (part of) your edge then how so, what do you consider managing a trade? By the sounds of what you've said it's a simple all in all out 1:1 so where's the trade management? Then the ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012Totally agree, that's it in a nutshell.
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012Just playing the odds my friend and trying to get what I can. Potentially....likely....semantics? No but maybe you could improve it and make it work better, that would be good right? lol, not seen them around for a while, probably got their teeth ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012Let's assume those stats prepared by Oanda themselves are accurate and representative, how about some more stats like consistency, account longevity, overall return on risk, and overall P&L? Also not just for a week! I'm not attempting to ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012It's all potentially, nothing is guaranteed. If it's greed then the other side of the coin is fear, the fear of losing (profit). Neither really have a place in trading, least of all fear, it can be paralysing. Right, so like I mentioned before.... ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012That's the bit I'm having trouble understanding, why? Maybe the explanation really is that simple.... Psychology, what a bummer that is!
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012I agree, but surely if the market has the potential to offer more then it would be counter productive to deny it that opportunity simply because of some arbitrary R:R figure conjured up by a trader who has a need to be right more times than wrong ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012The (unreliably reported) short term performance of Oanda traders is now the yardstick by which we measure success, and those are the people we should aspire to emulate in our trading? Really? Oh boy, why didn't anyone tell me this before! ~16 pips ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012Nah, apparently the conventional wisdom of century-old maxims and all the regularly repeated advice from established and well respected pros is all wrong, FF members know better.....

1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 10, 2012A very reasonably presented point of view but you know I'm not going to agree....
Is trading about being right and winning a trade or is it about making as much money as you can for the risks taken? In a market over which you have no control and ...1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 9, 2012It would as far as transaction costs and risk. Once a trade is profitable exposure can be increased and risk can be reduced, to zero in some instances, that's the benefit of having flexibility rather than for example an all in/out 1:1 approach. Then ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 9, 2012'Cos that's just the kinda guy I am.
Slim apart from being abusive do you actually have anything to say that's remotely connected to the discussion? Something? Anything?1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 9, 2012It's not just according to me, either there is more potential profit or there isn't. Setting an arbitrary 1:1 would likely mean unexploited potential of both market and trader. And this isn't just about pips, it's management of risk, money, and ...
1:1 Risk Reward Ratio - Why it just makes sense
-
pipmutt replied Jun 9, 2012Cheers, but I'm not sure earned! Mostly I was agreeing with some of the other excellent points that had already been made. I welcome disagreement with my opinions as long as it's sensible discussion, it either strengthens and justifies my view or ...
1:1 Risk Reward Ratio - Why it just makes sense