Hi, attached my trades of today with the sniper system.
The Reward/Risk ratio of 1-2 didn’t permit me to be profitable due to slippage problem. I traded 6 trade (4 win and 2 loss). Question: when the entry is late (example 2 ticks later) have I to adjust the take profit after 8 ticks? or can I remain with 10 ticks but I have wait 12 ticks move after the close of the bar. I had one case today where I could be profitable but for 1 or 2 ticks it turned and I lost 20. Then it’s very hard to recover that big loss.
Any feedback is welcome.
Thanks.