increase your win rate

[OscarR]

Have you ever contemplated the idea of widening your stop to potentially enhance your win rate (WR) in trading? Share your insights and experiences

 

[Reffo]

Honestly, I haven't thought about that, it's definitely more stressful. I think it's better to earn small amounts, but more consistently

 

[LJ_Kon]

Reducing the size of your stop-loss in trading may not be the best idea. It can lead to increased risk of losses and worsen the risk-to-reward ratio. However, you can give it a try on demo accounts to see how it works.

 

[Ethan.ishere]

Yeah that doesn't sound very efficient to me.

 

[LJ_Kon]

Have you ever contemplated the idea of widening your stop to potentially enhance your win rate (WR) in trading? Share your insights and experiences

Have you tried testing this on a demo account?

 

[abhi_kuch]

The distance of SL, should be governed, not by win-rate. But by the market dynamics, recent performance and above all - the risk threshold of the individual trader

 

[LJ_Kon]

Yeah that doesn't sound very efficient to me.

Why?

 

[Ethan.ishere]

Why?

Why would I want to increase potential losses when there is no guarantee of greater profit?