aliassmith wrote:cwn6161 wrote:Is that because I'm only shooting for 1:1 in the phases?
How about this:
25 pips = 3%
3% = 6 lots
P1: risk 6 lots (25 pips) to make 24 lots (100 pips) (12%)
P2: risk 12 (25 pips) lots to make 48 lots (100 pips) (24%)
P3: risk 24 (25 pips) lots to make 96 lots (100 pips) (48%)
Total: 84%
Each next phase uses half the profit of the prior.
I really don't understand your last version of it.
I think this is what you mean, using your $500 account size.
P1 risking $15 to make $60 risking 25 pip to make 100 pips @ 6 minilots
P2 risking $30 to make $120 risking 25 pip to make 100 pips @ 12 minilots
P3 risking $60 to make $240 risking 25 pip to make 100 pips @ 24 minilots
Nice potential although it depends if 25 pips risk is big enough.
Yeah you got it, sorry for the confusion. I'm shooting for each phase being one trade. I have two chances per phase to move onto the next before I must start over.