1st Trade- USD/CAD Buy Trade,Entry-1.0637,Profit-1.0737,Stop Loss-1.0593.
Trade Closed - 44 pips loss.
2nd Trade- AUD/JPY Trade Canceled.
3rd Trade- EUR/JPY Trade Canceled.
4th Trade- GBP/JPY Buy Trade,Entry-145.86,Profit-146.71,Stop Loss-145.40.
Trade Closed - 85 pips won.
Nett Pips - (85-44)pips = 41 pips
Totals pips earned- 41 pips.
This example shows how i managed my risks.In a total of two trades,I've already earned 41 pips with a risk ratio of 2:1.
Do email me for more questions pertaining to my risk management at Attackman@gmail.com.
Love,
Eddie Azron.