This is the result so far of the 2 trades I made. NZDJPY is 219 pips and EURUSD 100 pips. If we are using the risk = 3% with proper money management:
NZDJPY with SL 60 pips, it shall make you 219 / 60 = 3.65 x 3% = 10.95%
EURUSD with SL 25 pips, it shall make you 100 / 25 = 4 x 3% = 12%
So the profits will be 22.95%.
It is more than enough to stop trading for the whole months.
Do you know how if it hits the Take Profit (TP)? It is still half of its journey.
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