LTC/USD Risk Reward, Worst Case Study, always long
The conservative old traders among us talk a lot about risk management. They did not want it otherwise, so here's a TA about Risk and Reward. The R / R ratio should always be over 1. The higher the better.
I go one step further. I use the worst-case scenario that can happen at all and look at the R/R ratio. I set the stop to 0! Yes, I work without a stop. No stop ... so no stop-lose fishing. No margin trading!
You have time and endurance? Here is the setup.
Goodbye your bear.
I go one step further. I use the worst-case scenario that can happen at all and look at the R/R ratio. I set the stop to 0! Yes, I work without a stop. No stop ... so no stop-lose fishing. No margin trading!
You have time and endurance? Here is the setup.
Goodbye your bear.
تم فتح الصفقة:
The game begins.
Buy 10 LTC at 72.50
Buy 10 LTC at 72.50
تم فتح الصفقة:
Buy 10 LTC at 72.60
تم فتح الصفقة:
Buy 30 LTC at 73.00
تم فتح الصفقة:
We have made our investment and are now waiting. I assume in our game that we have invested only 50%. We keep the other 50% as a reserve.
We now have total:
- 50 LTC for a total of $ 3641
- Reserve 3641 $
We now have total:
- 50 LTC for a total of $ 3641
- Reserve 3641 $
تعليق:
Some wonder why I do not buy extra. The reserve will accompany us for a long time. It strengthens your morale and makes you independent if you never invest 100%. It just gives you a very good feeling of still having money on your side.
تم فتح الصفقة:
Buy 50 LTC at 54.27
The goal of the game is to bring our virtual money to x10. You can see our strategy in the picture.
I use small round amounts. But you can also write your own values in an Excel and play along.
There will be no daily updates. We play medium and long term. If you do not want to miss anything follow me and you will be notified of any changes.