THT’s Market Education – Lesson 5

This lesson has a quick and brief look at what you need to think about and consider following on from probabilities and rules.

Remember your trading set-up might give you a larger R:R than 1:2 – mine does!  But the CONCEPT you need to think about never changes regardless of your R:R

We also look at % of trading accounts risked per trade – this is only touched upon as I plan to do an in depth video covering this area later on.

Here’s Lesson 5:

Whatever you do, don’t get fixated on your R:R – if normally it returns 1:4 you have to be prepared for it to only return 1:1 when a 1:4 R:R is not on offer from the market and you can never know for certain when that will be!

Happy learning

The Hovis Trader

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