My reward to risk ratio is always at least 3. I aggressively move up stops to a break even point to limit my account draw downs. I really only need about 2 out of 10 trades to complete in order to be profitable.
STOCKS | |||||
Symbol | Position | Reward/ Risk |
Dollar Amount Reward |
Dollar Amount Risk |
Stops to Break Even? |
AFL | Long | 5.12 | $7,740.00 | $0.00 | Yes |
CME | Long | 4.50 | $5,400.00 | ($1,200.00) | No |
Total | $13,140.00 | ($1,200.00) | |||
FUTURES | |||||
Symbol | Position | Reward/ Risk |
Dollar Amount Reward |
Dollar Amount Risk |
Stops to Break Even? |
6J | Short | 7.54 | $15,450.00 | $0.00 | Yes |
GEZ24 | Short | 4.85 | $6,550.00 | $0.00 | Yes |
KE | Short | 6.57 | $20,000.00 | ($3,000.00) | No |
SI | Long | 3 | $6,000.00 | ($2,000.00) | No |
ZL | Long | 6.00 | $14,400.00 | ($2,400.00) | No |
Total | $62,400.00 | ($7,750.00) |