Every person has unique ideas and he or she knows how best to implement or tweak it to make improvements. This was a practical scenario of one of my friends who was trading and had a lot of losers where he exited with little loss but kept track of ...
If I may add : Risk:Reward ratio can be improved drastically as per the attached file. What we can see in the attached file that risk:reward ratio of 2:1 has been converted to greater than 1:3.5