please tell me why this will not work.You enter a trade with so much money that if it goes 1 pip you are 10$ in profit and if it goes 2 pip you are 20$ in profit.So i enter a trade it goes 2 pip and then i exit with 20$ profit.Then i wait 5m and then do it again.
I want to trade my system like this but do you see any problem with trading my system like this?
That is just about the worst system I have ever seen suggested.
When you discuss reward, you must also mention risk.:rolleyes:
What pair(s) are you trading - some pairs have wider spreads than others. Any pair with a bigger spread than 1 pip will be a quick disaster. Start with the assumption that you have 0 pip spread and a 50% win rate; do the math and you will quickly see what I am talking about.