Hi
I have a strategy that has a strike rate of about 80% on daily time frame and has an average of 200 pip potential per trade when it is correct. Down side to this strategy is that it has a drawdown of 200 pips per trade on average before going in the correct direction. My back testing showed that trade can be off sight between 15 Days to 25 before heading to the correct direction. With the Spot forex I have difficulties managing a huge stop loss and roll over fees add up massively over the period of 15 - 25 days.
With this strategy would it be a good idea to move from Spot Forex to Forex Options because then I don’t have to worry about a big stop loss and roll over fees?
P.S. – My Stop is about 200 Pips and my Target is also about 200 pips giving me a risk reward of 1:1, if I move to options what sort of R:R is am I looking at ?
Thanks. 