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@WardoguyTube4 ай бұрын
I love the fact that most of the people on the comments are triggered by “bad risk to reward” concepts. But let’s remember that 90% of traders are failing to make money consistently in the markets. Thereby further validating the value of the concept that Barrett is talking about. Just think about it, if everyone is doing the same thing of chasing high targets and at the same time no one is really profitable from it, then logic dictates that using an inverse approach should give you more favorable results
@korbstrading4 ай бұрын
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@godsoracle12126 ай бұрын
Y'all are missing badly in these comments, lol. You will hit 1:1 80% of the time easily if you can actually trade. If this is not true for you, you are not a good trader at all. Go and backtest your 3:1 strategy moving your S/L to 1:1 when in profit 1:1.5. Journal how many times you hit your 1:3. Journal how many times the trade misses your 1:3. Finally journal how many times you actually hit 1:1 while missing your 1:3. You will discover capturing that 1:1 happens on almost every setup even when the 1:3 is not actualized. ;
@haneyguitarinstruction62605 ай бұрын
@@godsoracle1212 I use a 3 to 1 system daytrading Dow Jones Futures and I have a 45% win rate. Let me tell you that I am just killing it. 20 trades at 45% win rate. Risking $1000 per trade 9 wins at 3R = $27,000 11 losses at -1R = -$11,000 Net +$16,000 or +16R Far better than a crappy 1:1 where you need MINIMUM 60% just to make any money, let alone decent sized money.
@chriswoodman84524 ай бұрын
take one trade a day at risk 3 reward 1 with a 90% probability have a losing day and there still a 90 % probability you are in the green for the week
@Guyfromtha6194 ай бұрын
Who has a 80% win rate on a 1:1? I need to know about this billionaire.
@godsoracle12124 ай бұрын
@@Guyfromtha619 shoot for 1:3 and move tut stop loss to 1:1. Do it over 20 trades and come back and give us your stats.
@honestman39184 ай бұрын
@@chriswoodman8452you not hitting 3:1 A DAY at a 90% clip that doesn’t even make sense😂😂😂😂😂
@snypertrade Жыл бұрын
This are true statements when Traders daytrade with 100 - 300 pips SL. Most traders are lazy and they don't filter out to improve their niche/edge. I consider traders as data analysts and risk managers. There are 3 to 5 opportunity on each instrument per week that can give 3:1 trades at least. 30 pips SL and 95 pips TP and these setups are predictable on M15 timeframe. Anyway... that's his opinion. Controversial but we respect that. Thanks for the quality of content Korbs. That's very entertaining. Wish you good 2024.
@korbstrading Жыл бұрын
Same to you 🍻🍻
@haneyguitarinstruction62608 ай бұрын
Exactly, I trade YM Dow Jones Futures and use 15 min chart with 40 tick stops and 120 tick targets. Sometimes the Dow moves 300 ticks easily
@michaelxz13055 ай бұрын
@@haneyguitarinstruction6260I don't think he meant the Dow when talking about this .maybe something like ES..
@haneyguitarinstruction62605 ай бұрын
@@michaelxz1305 The Dow Jones Futures YM is a better instrument than ES because it trends better
@inANUTSHELLANIMATION4 ай бұрын
i use negative risk to reward and i am a profitable trader. early i was using 1:3 and all that other nonsense and was constantly losing.
@korbstrading3 ай бұрын
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@MysticWound3 ай бұрын
anything & everything can work in trading it simply just comes down to the individual directly. I didn't see success until I actually started trading with a negative risk reward :) I still laugh at people who say "Negative RR doesn't work" it's even funnier when most people fail at trading then they say some bullshit like that lmao. Positive rr works & so does negative rr :D that's the beauty of trading
@inANUTSHELLANIMATION3 ай бұрын
@@MysticWound it truly is💪
@MysticWound3 ай бұрын
@@inANUTSHELLANIMATION also congrats on becoming a consistently profitable trader! it's fucking hard to get to that point! always nice to see other people doing well in their own trading :)
@Bankniftysurgeon2 ай бұрын
Negetive rr mean how much u use
@Intuition11111 Жыл бұрын
you got brannigan on my trading hero, now im a subacriber
@korbstrading Жыл бұрын
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@rob409BOI Жыл бұрын
I've been tracking about 30 different management systems over 2.5 years.. risking 1 for a reward of 2, all or nothing is the most profitable over that time compared to the others. 1 to 1 and 1 to .5 are towards the bottom of the list
@KaidoTrades4 ай бұрын
Can I ask you more about this, how did you find this out and would you say this is true in general for most strategies?
@rob409BOI4 ай бұрын
@KaidoTrades I just tracked every trade I have ever taken.. can't say how it would turn out for others this is just my case.
@DanielCarrington-q6l4 ай бұрын
i have seen a lot of people test and say that the .5R and 1R outperformed the higher R trades so your the first ive seen to say otherwise, not saying your lying just saying your results are the outlier of what I have seen so just putting that out there
@rob409BOI4 ай бұрын
@DanielCarrington-q6l yeah this is just for my own trades. Idk about anyone else but I don't see how .5R would get much past covering fees and commissions.
@DanielCarrington-q6l4 ай бұрын
@@rob409BOI just add the comisions on top of your TP and thats it lol
@levarosales82707 ай бұрын
i go for a 1:1 RR. how can I go about scaling my account properly to a point where I dont need my job. ?
@korbstrading7 ай бұрын
Hey! Jump on a call with my team and we can discuss with you - link.letsharvest.ai/widget/bookings/tradacc-breakthrough-call
@haneyguitarinstruction62605 ай бұрын
By using 3 to 1 instead of your crappy 1 to 1
@Luke-f2y5 ай бұрын
@haneyguitarinstruction6260 I'm more profitable with a 1:1 and have a higher win rate which improved my psychology
@THECABSOURHERE4 ай бұрын
@@haneyguitarinstruction6260watch your mouth
@Smt_Glaive3 ай бұрын
@@THECABSOURHERE or what?
@Yellowsupercar4208 ай бұрын
LISTEN TO THIS MAN, BEFORE 1:1 I DIDN’T WIN A SINGLE TRADE FOR MONTHS EVEN WHEN I KNEW THE TREND, IT WOULD ALWAYS REVERSE AND STOP ME OUT BUT WOULD ALWAYS HIT THAT 1:1 TP
@KBALLING17237 ай бұрын
lol Makes me wonder what kind of shit trades you are taking then. I use 1:3 risk to reward ratio successfully.
@danilevi3416 ай бұрын
@@KBALLING1723 lmao same I use ICT unicorn model and catch 1:3s most days
@Lightoftheworl6 ай бұрын
@@KBALLING1723😂😂😂 trying to sound smart. Piece of shit.
@ibrahimonyemetu32416 ай бұрын
@@KBALLING1723until you’re asked to share your trading history
@michaelxz13055 ай бұрын
If it always hit your stop loss then you stayed in too long on a lot of those trades
@michaelxz13055 ай бұрын
3 to 1 is good for some symbols but obviously not all.. like everything it depends what you are doing. Also it depends how you define 3 to 1 if you mean you will always take the loss at the full 1 then yeah I agree that's not that practical, but 3 to 1 is fine if you frequently get out of trades that are not going as planned, at a much lower loss than 1 or at break even
@korbstrading5 ай бұрын
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@Smt_Glaive3 ай бұрын
the term is RISK : REWARD.. stop writing 3:1 , its supposed to be 1:3 .. either that or start calling it reward -risk ratio.. i swear these americans 🤣🤣
@LifeOfJowl14 күн бұрын
exactly bro
@fpsrush547818 сағат бұрын
until you can flood anyone's messages with your consistent profits you shouldn't even be speaking out of turn. Sit down and be quiet
@Smt_Glaive17 сағат бұрын
@ look who got hurt when confronted by logic🤣🤣
@haneyguitarinstruction62608 ай бұрын
90% of traders fail. Whats the number 1 thing most traders want? A high win rate. What is one thing majority of traders cant do? Hold trades for big targets and or add to a winning position. Logic dictates that the bigger targets allow for more room for error. 3 losses are back to break even with 1 win.
@Guyfromtha6194 ай бұрын
If it was as easy as a high risk reward ratio there would be a lot more successful traders. There are a lot more potential wins per day on lower reward trades. It kind of balances out if the trader knows what they’re doing.
@WardoguyTube4 ай бұрын
This guy doesn’t make money in the markets 😂
@dee23gaming4 ай бұрын
All my strategies I've tested using a negative ratio made consistent returns. So you can keep dying by a thousand paper cuts 😂
@samfkt4 ай бұрын
Also, you can only lose 100% but potentialy you can profit 10% up to 500% or more...... also physology, cant hold losses long but thats how the market works. It does not matter if you bought 2 or 50 stocks of the same company. 90% of time it dumps when you buy.... whales have automatic tools to sell your invested money, also because of spread etc. you are automatically most of the time in loss,instsntly. Just dont reallize your temporarily loss..... Its 70% physology and logical thinking, think about it. Other being little math and dedication....
@DanielCarrington-q6l4 ай бұрын
logic dictates to use negative RRR , the psycological effect of the losses on higher R , the patience needed to wait, the mistakes made during time waiting , all those things need to be accounted for and the negative rrr does that
@timcastle950617 күн бұрын
Why would anyone, considering this time frame of trade,be dreaming of 4+r/r? It takes time for 3,4,5+r trades to unfold. If you have chosen to scalp/daytrade,yet have and exspectaion of big r returns, you could have a conflict you might want to reconcile.
@korbstrading13 күн бұрын
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@FinancewithVАй бұрын
I tried 1:1, 1:2 and 1:5 and 1:5 gave me payouts. Reduce the risk per trade but aim for 1:5 or greater. Paid Interviews is also a things. Test things your self with low amounts.
@korbstradingАй бұрын
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@m1ckeyyxd11229 күн бұрын
i love how 95% of traders aren't profitable, but in yt comments you're all kings haha... wish you the best though
@jsjsskdidk64715 күн бұрын
😂
@fpsrush547818 сағат бұрын
@@m1ckeyyxd112 because they're shooting for big rr. 95% of the trading education online teach R multiple....that issue can be solved so easily it's not even funny....but it IS funny
@bilalcehubchannelАй бұрын
If trader should understand 200 moving average (20 pips) every single day regardless of market conditions and just focus on smashing the turning point a lot will be profitable.
@Victor-physics3 ай бұрын
The best is 1:3 learn how to trail your trades with sl
@korbstrading3 ай бұрын
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@icsongiАй бұрын
You cannot generalize like that. Maybe for this guy, for his setups, for your financial instruments. It's very much possible. Of course if you know what you're doing. And if you're only making 50-60% with a 1:1 RR then there is a lot of room for improvement. Yes not everyone can achieve a continuously profitable level. Yes, with a higher WR you're gonna have a smaller RR. But that is not possible is BS.
@inANUTSHELLANIMATION4 ай бұрын
people need to understand the casino concept
@korbstrading3 ай бұрын
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@conquest57053 ай бұрын
I agree when it comes to NEW trader
@korbstrading3 ай бұрын
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@carsonnoel56287 ай бұрын
only 1:1 is trash lmao. 2-3R in 35-50% very common
@dee23gaming4 ай бұрын
A 1:1 with a 55% win rate IS profitable. Why would you die by a thousand paper cuts with bigger R:R ratios? BTW, it's impossible to have even a 50% win rate with a 1:2. You would become the world's richest person in no time.
@FollowMyAccount5 сағат бұрын
@@dee23gaming i have 1:2RR and 54% win rate .... thats a statistics from the last 267 trades a took ... but m not the richest yet .... u could have 8 consecutive losing trades .... i remember a week where i had it one after one but overall u r profitable the average progression was 906% ... but hey remember .... it s a 267 trades ... 6 months
@MrDrMeow Жыл бұрын
Flawed assessment. Most trades are 1:1 RR I agree however 1:1 at 40, 50, and 60 win % are still losing $ or at best breaking even. This is why interviewing traders is a joke. He’s just crafting a narrative. His win % would be roughly 70% to start making money risking 1:1. Plain and simple I would only interview traders who make their tax return public.
@LifestyleTradr Жыл бұрын
your missing the biggest aspect of risk which is position sizing. A common theme I hear among long time career traders is that you need to know when to go big, go small, or sit it out. A high rr and high win rate is insignificant if you are sized tiny.
@utubeskreename9516 Жыл бұрын
Incorrect. Yes, obvious math will tell anyone profitability is impossible with the 40-50% figures on 1/1 he mentions. But most discount brokerages give at least as low as $4 commissions on Minis. A common scalping target for NQ is 5 points. 1/1 puts breakeven parity at 52%. A 57% Winrate from just about 13 quick 5 points scalps a day (very common for a lot of scalpers to place 20 or more) would net the equivalent of an average per capita income in the U.S. That's from trading ONLY ONE contract. I have routinely had $400-500 days scalping 1/1 at 59-63% Winrates.
@MrDrMeow Жыл бұрын
@@utubeskreename9516 I trade NQ full time for a living and average around 40 - 50 points a week. My RR varies from 1:1 to 1:7 and I promise you there’s absolutely 0% chance that’s possible targeting 5 points on a 1:1
@MrDrMeow Жыл бұрын
@@LifestyleTradr that doesn’t make any sense….i trade NQ full time for a living and you only size up when you have an A+ trade which entails correctly assessing EV. Do you understand how difficult that is? Also the only way it’s possible for what he is saying to actually work is scaling in and scaling out. It’s not possible any other way from a mathematical standpoint.
@ManifestMyFuturesDestiny11 ай бұрын
Trading the NQ is one of toughest markets to trade but most profitable. If you trade one mini, you can burp and make or lose $200-$300, just like that. Set ups are key. Traders shouldn't be in trades long while trading the NQ.
@farhandanish32005 ай бұрын
Guys don’t listen to this bull shit aim more then 1:3 because when you have a drawdown period those 1:3 trades will save you those days
@dee23gaming4 ай бұрын
Your math sucks. Go back to school 😂 You clearly know nothing about probability math, and you've never touched an Excel spreadsheet in your life.