I see, that is very true, it just seems odd to risk 200 pips to gain 26ish pips on thursdays trade. I will begin trading the system later tonight but I believe I wil avoid any high risk situation such as last thursdays trade. Thanks for the advice by the way
Quote:
Originally Posted by phil838
Hi Chady,
The system usually has more reward than risk, but because of the current economic condition the markets are a little funny right now. Remember you don't have to take every trade that the system offers you. If the ratio is out of wack you can always skip that trade and wait for the next.
If you look on Pip Surfer's blog he has stats for all of his trades in 2007 and the first half of 2008. They list the average win and loss for each month. In 2007 the average win was 46 and average loss was 25, which is a little less than a 2:1 win/loss ratio.
Phil
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