Setup number 2
Actualizado
Starting capital - 20000 USD
Risk Profile : Depends on the entry( Will update)
Risk - Depends on entry but less than 100 pips
Target - First target is 350 pips down
Account exposure - 1.5% i.e. 300USD
Potential Reward - 6%+ i.e. 1000USD+
Will update with the entry and stops when the trade is triggered. Remember, no breakdown of flag means no entry.
Cheers
Risk Profile : Depends on the entry( Will update)
Risk - Depends on entry but less than 100 pips
Target - First target is 350 pips down
Account exposure - 1.5% i.e. 300USD
Potential Reward - 6%+ i.e. 1000USD+
Will update with the entry and stops when the trade is triggered. Remember, no breakdown of flag means no entry.
Cheers
Nota
Operación activa
stops moved to BENota
Nota
Nota
Nota
First position is risk freePotential reward from first position - 1000USD
Risk on the second position is 300USD of 1.5%
Stop loss entirely based on the flag as i mentioned but expecting less than a 50 pip stoploss
The way i calculate my position size is if i have 50 pip stoploss and i only risk 300usd per position, that means i can afford to open 0.6lots.
Potential profit on the second position is 600USD which is decent as the Risk:Reward is 1:2
Nota
2nd position moved to break even as wellOperación cerrada: objetivo alcanzado
Profit from first position 1000$Profit from second position 600$
Total Profit - 1600$
New Equity - 21,600$
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