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What is your TP and SL? What's your win ratio?
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[QUOTE]Originally posted by permanentjaun: [QB] You bring up a good point Jo. 5% seems like a very conservative number that is easy to attain. If you look at a stock in a good trend, try to imagine in your head how many areas on the chart you could have entered and won with the 5% rule. Now consider if you're TP is 10%, 20%, etc.. It becomes clear how many more opportunities there are to advance your account with wins. Again, if success is in the money management I think it is just as advantageous to look for 5% as it is 100%. You can throw a larger equity amount in stocks just looking for 5%. The success comes later when you can take a loss and move on. The success comes in winning more often than losing. [/QB][/QUOTE]
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