Hi Rick,
this is the file I use, it's pretty simple. It's set to a 1:2 ratio, if you want to make it 1:3 ratio or something else just click on the profit cell and change the formula to *3. Let me know if you have any questions.
adjust the loss to what ever 2% of you account is, if $5000 account then $100
https://1drv.ms/x/s!AuEHKELCkXhIgeUOpGBAtNbfRYBY1Q?e=2SydEz
thsi can also be done easily in trading view using the long position tool, you can edit the settings to set up the account size, percentage or cash loss, entry, stop and target
I had a look at your win/loss template and just wanted to ask you: 3 losses equalling $75 where you stopped out on those, it's a very small amount if you are risking 15-20%,I'm not questioning your trades or anything I'm just trying to understand, cheers
- Forums
- ASX - Day Trading
- Day Trader’s Weekend Aftermarket Lounge 2-4 Aug 2019
Hi Rick, this is the file I use, it's pretty simple. It's set to...
- There are more pages in this discussion • 38 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)