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Search: Posts Made By: Michael.H

Forum: Traders Hideout

December 29th, 2010, 06:01 PM

Replies: 368

Random Line Theory

Views: 233,084

Posted By Michael.H

Thats why we also scale out my friend. Its one...

Thats why we also scale out my friend. Its one way to reduce risk. Take this for example.

Stop loss 3 points

profit targets +3,+4

Average loss 3, average profit 3.5

Its one lousy point,...

Forum: Traders Hideout

December 29th, 2010, 05:38 PM

Replies: 368

Random Line Theory

Views: 233,084

Posted By Michael.H

You have to apply risk reward in terms of...

You have to apply risk reward in terms of probabilities. Yes if you randomly go long with a risk of 2 points and a target of 5 points, you'll probably get your ass handed to you.

If the market...

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What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
Something else (discuss in thread)

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