Yep I agree, and it's almost impossible to quantify this subjective ruling that many traders make, hence why one always hears the term "The edge is inside the trader"

I don't think any of us can escape math, no matter if we trade using Supply and Demand, Moving Averages, blah blah. Again I'm not a professional, I'm a software engineer, not a professional trader, but rather than fallaciously attack me because of ...

Good morning, thank you for your response. You state that you only take trades when the market structure supports a 3:1 trade, else you don't take it. Understood, but I don't see how that counters what I've said about win rate and R:R being ...

I agree with you! One can decide their R:R, it's as simple as this: Enter trade, set stop loss at -10, and setting take profit at 30 pips profit. But I can do that if I just entered forex an hour ago, never having placed a trade in my life. ...

Agreed. However I must contest the arbitrary amount of data chosen, whereas I think it's not the amount of data in years, but the total "instances", in this case, trades, analyzed. If your system only shows, as an example, 10 trades over 10 years, ...

Setting the Risk:Reward is just choosing a ratio, which is the easy part...Risk/Reward by itself is meaningless, without knowing your actual probability of success per trade. 1Risk: 2Reward is immensely profitable if your win rate is 50%, but ...

Hi there, Composite, following with interest! Correct me if I'm wrong, but a couple of trades you've taken seem to be Sells above the 200MA, would that be so?

Well, when you take a small sample size, the smaller you go, the larger the expected deviations can be. I think CeeSo did mention the levy flights, where your distribution of data can have small bouts of large movement here and there. However over a ...

I'm sure that the degree only displays certain qualities of the holder, and their relative interest at the time (and maybe also now). Forex does seem exotic to the average individual, but I see a degree of similarity (and likely interest) with ...

My SL is in relation to the current volatility displayed in the markets. However with the way I trade, aiming for a higher reward:risk ratio (and subsequently lower win % ratio per trade), my SL is small.

Honestly given the current situation, this is actually quite believable