cptwillwilliams wrote: Tue Oct 25, 2022 12:17 am This may help. All you would need to do is change the amount in the balance (how much money you're going to start off with) section (row 2, column B) and go from there!!!Customizable-Daily-Growth-Plan-Template.xlsx

I'm afraid this leaves me with more questions than I had started with.


Notice how for this first trade, I want to make 20% on a single trade. But if I'm using a 1:3/SL:TP ratio, I am automatically risking 8% on my account if my stop loss gets triggered.

That means I would lose $80 on the failed trade and I'd be at a balance of $920, in which case I would need to make ~8.7% (effectively 9%) on the next trade in order to be break-even and come back to my initial balance of $1000.

The only way I see this working is a few ways. One, I am extremely accurate with my entries (+80% win rate minimum). Two, my stop losses are emergencies at best and I very rarely allow my trades to hit them. Third, I need trades where my TP is hit without me exiting halfway because my system tells me the trend is reversing.

I would really appreciate some help because the math and the risks needed to make BeatlemaniaSA's system work isn't adding up in my brain. Then again numbers were never my strong suit!