Pips Of Persia

“GroundBreakers.Official”

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Entries could have been better for AUDJPY but we swinging itttttt

EURCAD could approach the buy entry before it approaches the sell entry so trade accordingly at your own risk

Shoutout to Vishal for this beauty

GOLD (XAUUSD) ^

EURCAD ^

One important thing to take into account (and any top trader you speak with will agree with this) Is that the amount of pips you catch don’t mean shit 😂 with all due respect 🌝 Lets say you always risk 2% on your account One trade setup has a 50 pip risk for 200 pip gain, so a 1:4 You risk 2% and if you are correct, you will win 8% Another scenario, same 2% risk, stoploss is 5 pips and takeprofit is 20 pips Still 1:4 risk to reward Still 2% risk And if you are correct, still 8% gain One scenario you caught 200 pips One scenario you caught 20 pips The amount of money you made (your ROI) is IDENTICAL in both scenarios Don’t be obsessed with how many pips your takeprofit is Be obsessed with how good your risk to reward is Yes in the NZDCAD case above partials were closed at only 40 pips in profit But the stoploss was only 2-3 pips or so So partials were closed at 1:20 risk to reward ratio Which means 3% risk would’ve given you 60% ROI Food for thought!! Always work on getting better entries so you can have smaller stoplosses, resulting in better risk to reward ratios

Power of precision

Partials closed at 1:20 Risk:Reward, keeping another position open and riding it out

Update

This is what I'm talking about

When I say I have been working and perfecting

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