NexusFi: Find Your Edge


Home Menu

 





The Three R's


Discussion in Traders Hideout

Updated
      Top Posters
    1. looks_one Big Mike with 1 posts (0 thanks)
    2. looks_two Quick Summary with 1 posts (0 thanks)
    3. looks_3 Eric j with 1 posts (0 thanks)
    4. looks_4 incometrade with 1 posts (0 thanks)
    1. trending_up 2,797 views
    2. thumb_up 0 thanks given
    3. group 1 followers
    1. forum 3 posts
    2. attach_file 0 attachments




 
Search this Thread

The Three R's

  #1 (permalink)
 incometrade 
Rochester Hills, Michigan
 
Experience: Advanced
Platform: Tradestation
Trading: Currency Futures
Posts: 200 since Jul 2010
Thanks Given: 856
Thanks Received: 143

What is your Risk Reward Ratio?

Follow me on Twitter Started this thread Reply With Quote

Can you help answer these questions
from other members on NexusFi?
Pivot Indicator like the old SwingTemp by Big Mike
NinjaTrader
Quant vue
Trading Reviews and Vendors
Better Renko Gaps
The Elite Circle
Cheap historycal L1 data for stocks
Stocks and ETFs
Trade idea based off three indicators.
Traders Hideout
 
  #3 (permalink)
 
Big Mike's Avatar
 Big Mike 
Manta, Ecuador
Site Administrator
Developer
Swing Trader
 
Experience: Advanced
Platform: Custom solution
Broker: IBKR
Trading: Stocks & Futures
Frequency: Every few days
Duration: Weeks
Posts: 50,463 since Jun 2009
Thanks Given: 33,237
Thanks Received: 101,661



incometrade View Post
What is your Risk Reward Ratio?

Over a large sample of trades it is about 1 risk to 1.5 reward. However, you need to understand that when I actually place an order into the market, sometimes I am risking 1:1 or even worse. But to me, that is just initial risk, keep it at 2%. I very rarely take a full stop but sure it happens. So I think it's important to identify two things, initial risk and then what your 'real' results are from live executions, where you exited the trade.

Mike

We're here to help: just ask the community or contact our Help Desk

Quick Links: Change your Username or Register as a Vendor
Searching for trading reviews? Review this list
Lifetime Elite Membership: Sign-up for only $149 USD
Exclusive money saving offers from our Site Sponsors: Browse Offers
Report problems with the site: Using the NexusFi changelog thread
Follow me on Twitter Visit my NexusFi Trade Journal Reply With Quote
  #4 (permalink)
 Eric j 
NY
 
Experience: Advanced
Platform: Esignal, MBT navigator
Trading: Currencies
Posts: 2,507 since Jun 2009
Thanks Given: 1,396
Thanks Received: 2,576

1/1 . Initially I use an emergency stop because I need to see price close at the stop level then I take the stopout because I was proven wrong and I dont want a wick to take me out when I was right . I very rarely get ran over at the emergency stop and rarely get victimized by stop hunting . I take my profit at 1/1 because Ive found that the distance between the stop level and the entry is significant in that its range is usually equal to the next leg in the trends direction and trailing is rarely more profitable .

Visit my NexusFi Trade Journal Reply With Quote




Last Updated on August 12, 2010


© 2024 NexusFi™, s.a., All Rights Reserved.
Av Ricardo J. Alfaro, Century Tower, Panama City, Panama, Ph: +507 833-9432 (Panama and Intl), +1 888-312-3001 (USA and Canada)
All information is for educational use only and is not investment advice. There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
About Us - Contact Us - Site Rules, Acceptable Use, and Terms and Conditions - Privacy Policy - Downloads - Top
no new posts