Post
Topic
Board Trading Discussion
Re: getting past break even
by
Natsuu
on 05/04/2024, 06:58:22 UTC
I have been testing indicators and strategies for a while trying to come up with profitable ways to trade. But I cant seen to beat a winning rate of about 50% on a 1:1 risk reward. Nothing I tried is giving me an edge
While testing some pinescript code yesterday using a basic strategy for testing purposes of entering trades when a green candle appears after a red one I also got a win rate of 50%. So I cant seem to beat a coin toss.

Basically what you are asking is how can you make more money and not to play longer with break even. The answer is easy. Just hold your position longer so that your risk reward will increase from 1RR to probably 2RR or 3RR. Depending on your risk apatite and how long can you hold your trade. Then overtime as you build your track record, you will notice trades where you bet with greater size.

That is why trading is unlimited game. Because there are so much ways to improve your edge. And the only way to improve your edge is to look unto your trading and know which aspect can you improve. Is that risk management, your exit, your entry strategy, or your psychology.