Hi guys,
this is probably quite a "beginnerish" question, but since I'm bad at math and can't google up the answer, I'm asking it here.
My average winning rate is 80% and I always risk 40 pips to gain 20 pips. This works very nice for me, but I wonder, what is the lowest winning rate (in % terms) that I can afford just to keep break even? How could I calculate this?
Thanks!
this is probably quite a "beginnerish" question, but since I'm bad at math and can't google up the answer, I'm asking it here.
My average winning rate is 80% and I always risk 40 pips to gain 20 pips. This works very nice for me, but I wonder, what is the lowest winning rate (in % terms) that I can afford just to keep break even? How could I calculate this?
Thanks!