WADDAH Posted February 16, 2021 Report Posted February 16, 2021 Hello , I searching for trading strategy with take profit points double stop lose points , the stop lose points maybe changed with each order but the take profit should be double , Any help pls ...
moomic999 Posted February 16, 2021 Report Posted February 16, 2021 (edited) moot point but odds ratio of 2:1 then. "the stop lose points maybe changed with each order but the take profit should be double" This technique is a favorite of Van Tharp of which there are plenty of videos online and a few books on library sites. The software MTPredictor applies some of the core principles in the book and throws up trading forecasts of 2:1 and above all day long on multiple timeframes. Although, of course not all of them work out. It's fairly straight forward for beginners. Edited February 16, 2021 by moomic999 ootl10 1
ootl10 Posted February 17, 2021 Report Posted February 17, 2021 take double profit works you lose more often but make more moot point but odds ratio of 2:1 then. "the stop lose points maybe changed with each order but the take profit should be double" This technique is a favorite of Van Tharp of which there are plenty of videos online and a few books on library sites. The software MTPredictor applies some of the core principles in the book and throws up trading forecasts of 2:1 and above all day long on multiple timeframes. Although, of course not all of them work out. It's fairly straight forward for beginners.
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