The Secret Trick to Winning Twenty-Five Trades in a Row

Tuesday, 04/08/2015 | 09:17 GMT by Rayner Teo Chee Leng
  • This week Rayner is looking at USD/MXN, EUR/USD and NZD/JPY, as well as the difference between a swing trading and trend following.

I've got a question from Stanley who asked me, is it possible to win 25 trades in a row?

And my answer is this..

Yes, it's possible to win 25 trades in a row. All you need to have is a really small take profit target, relative to the size of your stop loss.

You can have a 2 pips take profit target, with a 100 pips stop loss. You will easily win 25 trades in a row.

Alternatively, you can have a 100 pips take profit target, with a 5,000 pips stop loss, your winning rate will still be ridiculously high.

But the question is, can you be consistently profitable?

This is when you need to know what your average risk to reward ratio is, before knowing whether you have a positive expectancy in your trading system.

Now..

Back to the markets, this week I'll be looking at USD/MXN, EUR/USD and NZD/JPY.

I will also share with you the difference between a swing trading and trend following.

I've got a question from Stanley who asked me, is it possible to win 25 trades in a row?

And my answer is this..

Yes, it's possible to win 25 trades in a row. All you need to have is a really small take profit target, relative to the size of your stop loss.

You can have a 2 pips take profit target, with a 100 pips stop loss. You will easily win 25 trades in a row.

Alternatively, you can have a 100 pips take profit target, with a 5,000 pips stop loss, your winning rate will still be ridiculously high.

But the question is, can you be consistently profitable?

This is when you need to know what your average risk to reward ratio is, before knowing whether you have a positive expectancy in your trading system.

Now..

Back to the markets, this week I'll be looking at USD/MXN, EUR/USD and NZD/JPY.

I will also share with you the difference between a swing trading and trend following.

About the Author: Rayner Teo Chee Leng
Rayner Teo Chee Leng
  • 16 Articles
  • 6 Followers
About the Author: Rayner Teo Chee Leng
  • 16 Articles
  • 6 Followers

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