Part 4 · lesson 3 of 3
You decide in advance when to give up on a trade that is going nowhere.
About 5 minutes.
Whose numbers these are
You have not picked a firm yet. So the figures below come from one firm’s published rules. Each one is named and dated where it appears. Pick a firm and the same lesson runs on your own numbers.
You are willing to spend 60 ticks on being wrong once. The exit sits 20 ticks away. How many contracts fit?