MoneyTec Traders Community Forum - View Single Post - Why we are taught to set risk/reward ratio larger than 1

dirk · 22-10-2003, 10:13

Hi Rezo,

You get stopped out of your short eur/usd, nice try.
I'm up 80 pips on a long eur/usd (30 min chart), maybe hold it for 1.1800 and add extra lots to the original lotsize.
That's why i don't like the long term trades, you must have the skills to take "huge" losess and a poor overall perfromace (reaching target).
Hope you reaching target next time better.
Overall YTD performance isn't bad but that's what I want to say about RR, you must have the skills to take more losses the wins.
Who can handle this for a long time.
I don't for sure.
Keep up the good work.
Dirk

22-10-2003, 10:13	#27
dirk level 1 Join Date: Mar 2003 Posts: 19 Downloads: 0 Uploads: 0 Rep Power: 0	Hi Rezo, You get stopped out of your short eur/usd, nice try. I'm up 80 pips on a long eur/usd (30 min chart), maybe hold it for 1.1800 and add extra lots to the original lotsize. That's why i don't like the long term trades, you must have the skills to take "huge" losess and a poor overall perfromace (reaching target). Hope you reaching target next time better. Overall YTD performance isn't bad but that's what I want to say about RR, you must have the skills to take more losses the wins. Who can handle this for a long time. I don't for sure. Keep up the good work. Dirk