2min chapter

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

217: PRICE ACTION KING: 30 Trades in 81 Candles, Here’s How… Al Brooks Explains

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

Taking a Risk and a Reward Equal to Your Risk

mathematically you can exit with a reward equal to your risk as long as the probability is 60% or higher. If I take that trade 100 times and manage it that way I will make money because I have a rewardequal to my risk and my probability is 60%. It doesn't matter if you're going for a 10 pip profit you risking 10 pips it doesn'tmatter if you'reGoing for a 50 pip profit risking 50 pips you still have a 60% chance of making making your profit target before your stop is hit so mathematically if you if you take if you managed it that way every time go for a reward equal  to your actual risk it's a profitable strategy

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