Why a “Bad" Risk to Reward is Better

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  • Опубліковано 23 сер 2024
  • Instagram:
    / baileymeetsworld__
    Telegram:
    t.me/ofxsignalss

КОМЕНТАРІ • 74

  • @dee23gaming
    @dee23gaming Місяць тому +6

    Negative R:R for the win! Trading is a math game, and we cracked it 👍

  • @SirDavid0
    @SirDavid0 2 місяці тому +2

    Going to backtest from the start of the year again with negative RR. Keep up the work I’m glad you were recommended. You’re a real one in this scene.

    • @overnightforex
      @overnightforex  2 місяці тому

      Appreciate you bro. Comment back and let me know how it goes!

  • @matiboludo
    @matiboludo 10 днів тому +1

    27 trades is not a big sample to make assumptions. Of course with a negative RR your winrate will be a lot higher. In fact, for 0.2 RR, for breakeven you need 83% winrate

  • @chronicle1999
    @chronicle1999 Місяць тому +4

    This is the hidden key to cracking the market summed up 🤝🏻

  • @mikeberb
    @mikeberb 7 днів тому

    I’ve been thinking about applying this idea . It sounds unorthodox but the conventional R:R advice hasn’t been working for real. Too many times am I knocked out of a trade just to watch it finally go in my direction. I think you summed it up perfect when you said we are/were essentially placing our SL in a place that’s easy to hit and a TP that’s harder to hit . Most of the times that SL isn’t even in a place that invalidates our original trade idea, it’s just an arbitrary price level based on the regular R:R method. Good video bro

    • @overnightforex
      @overnightforex  7 днів тому

      @@mikeberb appreciate the support bro. Let me know how it works out for you

  • @drnoh
    @drnoh Місяць тому +5

    i just passed phase 1 i was in -8% drawdown for 1month and half with high rr system and then i changed with negative rr system i passed challenge in 2 weeks its so crazy

    • @overnightforex
      @overnightforex  Місяць тому +1

      @@drnoh wow that’s incredible. What was your RR you were using before and then what was the RR you used to pass?

    • @drnoh
      @drnoh Місяць тому +1

      ​@@overnightforex i used 2rr system and then switch to 1:0.2 and then switched to 1:0.5 this is my sweet spot i think

    • @overnightforex
      @overnightforex  Місяць тому +1

      @@drnoh nice man love to hear it 📈

  • @GanzyChannel
    @GanzyChannel 28 днів тому

    Negative rrr accounts for volatility in correlation to the TP distance. Postive rrr does not

  • @hesit7591
    @hesit7591 2 місяці тому +1

    How is your prop firm challenge going using this negative RR?

    • @overnightforex
      @overnightforex  2 місяці тому +2

      So far so good. First trade I took was a loss so that set me back. But then I’ve had about 7 wins straight

  • @abahmarsya
    @abahmarsya 2 місяці тому +1

    What's your favourite pair, mate?

    • @overnightforex
      @overnightforex  2 місяці тому

      I trade any forex pair honestly. Sticking to just one is kinda boring for me

    • @adedapogabriel3041
      @adedapogabriel3041 2 місяці тому +1

      A bad rsk to reward cannot just make you money but.more money😅

    • @overnightforex
      @overnightforex  2 місяці тому

      @@adedapogabriel3041 yessir

    • @adedapogabriel3041
      @adedapogabriel3041 2 місяці тому

      ​@@overnightforex❤

  • @user-qq6vi2ei2q
    @user-qq6vi2ei2q 2 місяці тому +2

    thank you for your work and the truth

    • @overnightforex
      @overnightforex  2 місяці тому

      Yessir🫡

    • @overnightforex
      @overnightforex  2 місяці тому

      Do you also trade with negative RR? If so has your experience with them been better than higher RR

    • @user-qq6vi2ei2q
      @user-qq6vi2ei2q 2 місяці тому +1

      @@overnightforex Yes i do negative RR , i really love win a lot of time , my mind is really happy with that big winrate and still making money so why not lol

    • @overnightforex
      @overnightforex  2 місяці тому

      @@user-qq6vi2ei2q can I ask what your RR and win rate is?

    • @t.1000.
      @t.1000. 2 місяці тому

      ​@@overnightforex I do, on NQ -1.5:1R

  • @szlpharmacology1330
    @szlpharmacology1330 26 днів тому

    that intro is dope

    • @overnightforex
      @overnightforex  26 днів тому

      @@szlpharmacology1330 appreciate you bro 🫡

  • @haruki8782
    @haruki8782 Місяць тому +2

    My man i ve been recently lowering my rrr from a high R style of trading, but my brain still cant understand how a negative rrr can make u profittable

    • @overnightforex
      @overnightforex  Місяць тому +2

      @@haruki8782 the negative RR has more consistency with the win rate. High RR win rate fluctuates a lot more
      Would Small consistent wins or inconsistent big wins get you further in the long run?

    • @dee23gaming
      @dee23gaming Місяць тому +1

      I feel the same, but the moment I switch back to a positive ratio, I start losing money again 😂
      When I use a negative ratio, my equity curve goes straight back in the right direction.

    • @overnightforex
      @overnightforex  Місяць тому

      @@dee23gaming the only way to go 📈📈

    • @rg950
      @rg950 Місяць тому +6

      An insurance company risks 500,000 dollars to take 2,000 dollars from you.
      negative RR works in real life, it works in trading too.

    • @overnightforex
      @overnightforex  Місяць тому +1

      @@rg950 that makes sense when you put It that way bruh

  • @Aylingfx
    @Aylingfx 2 місяці тому +1

    Have you had any trades where price just sits in drawdown for a few days? Do you have a scale out plan? Because say for example price is sitting doing side ways action in drawdown for a few days or a week whatever eventually your 0.2 win won’t cover the cost of commission

    • @overnightforex
      @overnightforex  2 місяці тому +2

      So far I haven’t had that happen. The TP is so small that it usually gets hit within a couple hours
      But if it did sit in drawdown for days then yes. Commission would be too much

    • @Aylingfx
      @Aylingfx 2 місяці тому +1

      @overnightforex yes I have been back testing and forward testing 0.25 and I’m seeing tp get smashed fast and often. Feel very good about it 👍🏽

    • @overnightforex
      @overnightforex  2 місяці тому

      @@Aylingfx so far what has been your win rate thru Backtesting?

    • @Aylingfx
      @Aylingfx 2 місяці тому

      @@overnightforex so far I have 90% win rate. As time goes on I think I can improve this too

    • @Aylingfx
      @Aylingfx 2 місяці тому

      @@overnightforex about 90% I haven’t done that much. I’m confident it’ll improve As I collect more data

  • @7ate992
    @7ate992 2 місяці тому +1

    You ever try it with stocks?

    • @overnightforex
      @overnightforex  2 місяці тому

      No sorry I’ve never traded anything but forex

  • @LaraaFoo
    @LaraaFoo 24 дні тому

    Do you think the reason beginner traders are so profitable in the beginning is because of negative rr? they get in the green for a few points and boom close. if only they wouldnt over leverage after getting that confidence they would be profitable .

    • @overnightforex
      @overnightforex  24 дні тому

      @@LaraaFoo I see what you’re saying but I’ve never seen a beginner trader only use negative RR for a long period of time.
      If they did and didn’t over leverage I think they’d have a much better chance at succeeding

  • @Aylingfx
    @Aylingfx 2 місяці тому

    It won’t let me reply to my comment lol. But I am getting a 91% win rate.
    Do you use the same size stop on all of your trades? Or do you change it

    • @overnightforex
      @overnightforex  2 місяці тому

      I place my stops at the previous high or low so it changes a lot based on price action

    • @overnightforex
      @overnightforex  2 місяці тому

      91% win rate is amazing dude

    • @Aylingfx
      @Aylingfx 2 місяці тому

      @@overnightforexmakes sense mate! Is there a way we can chat more? I’d like to get to know you better 👍🏽

    • @overnightforex
      @overnightforex  2 місяці тому +2

      @@Aylingfx you can contact me on Instagran bruv. Instagram is baileymeetsworld__

    • @Aylingfx
      @Aylingfx 2 місяці тому

      @@overnightforex nice one mate. I’m in the process of back testing the 4H and the 10m just to see which is more profitable.

  • @smokerx6291
    @smokerx6291 Місяць тому

    Great advice. Now show us your ftmo certificate.

    • @overnightforex
      @overnightforex  Місяць тому

      @@smokerx6291 FTMO is dosent operate in the US anymore. But what does that have to do with anything that I’m talking about anyways. Just take the information and learn

    • @smokerx6291
      @smokerx6291 Місяць тому

      ​@@overnightforex u out here teaching with no credibility. Show us a funded certificate

    • @overnightforex
      @overnightforex  Місяць тому +3

      @@smokerx6291 goofy ass

    • @overnightforex
      @overnightforex  Місяць тому +3

      @@smokerx6291 go look at my telegram and look at the results then tell me I have no credibility
      Now go watch my videos and learn something

    • @rakhael6428
      @rakhael6428 7 днів тому

      @@smokerx6291hey kid what ur insta? ill show my 4 funded certificate n payout 😂 more profitable than ur fake gurus 1:20rr

  • @samuelgutierrez5565
    @samuelgutierrez5565 15 днів тому

    This video is not famous but is good

  • @rakhael6428
    @rakhael6428 2 місяці тому +1

    hi sir can u make groupchat trader who use negative rr?

    • @overnightforex
      @overnightforex  2 місяці тому +1

      I have already I call my trades out here. t.me/ofxsignalss

  • @richbalkissoon5322
    @richbalkissoon5322 2 місяці тому +1

    How can this be proven when non of the greatest market wizards every succeeded with this type of risk reward process

    • @overnightforex
      @overnightforex  2 місяці тому +1

      I’m sure there’s traders out there who have had success trading like this. Don Vo is a very popular trader who takes negative RR trades live everyday

    • @rakhael6428
      @rakhael6428 2 місяці тому

      search DON VO on youtube hit 1 mil with negative rr, i know some of propfirm trader that use negative rr and they r fckin consistent more than ur fake gurus who got money from selling courses

    • @rakhael6428
      @rakhael6428 2 місяці тому +4

      search Don vo his hit 1 mil with negative rr

    • @everydayiscatsday
      @everydayiscatsday Місяць тому

      search Al brooks "actual risk"