Risk Management

Assume 0.1 is £1 for 1 pip.

Risk per trade idea: £20 (20 pips)

Minimum Risk/Reward: 1:3 (60 pips)

So we risk £20 to make 3 times that much which would be £60.

Daily Goals:

  • £100 (R/R 1:5) => (100pips)

  • £50 (R/R 1:2.5) => (50pips)

  • £25 (R/R 1:1.05) => (25pips)

20 Days:

  • £2000 (R/R 1:200) => (2000pips)
  • £1000 (R/R 1:100) => (1000pips)
  • £500 (R/R 1:50) => (500pips)