Probability of Bankruptcy in FX

When you are FX trading, can you continue to grow your funds like this?
I think there are times you might wonder

Because the current global situation is very unstable, you may worry about that even more.

This time, I think I’ll write an article about things FX traders should definitely know.

First, there is a chart that serves as a benchmark for whether your funds will increase or decrease as you continue trading.
That is
The bankruptcy probability of Balsara

If you are a trader, you may have heard of it or seen it at least once


For those whose method is not yet established,
do this once a week
at least once a month, apply this
and aim to maintain 0%

To apply this,
the necessary numbers are
per single trade
average profit, average loss
The formula is
average profit ÷ average loss

For average profit, etc.,
those using MT4, MT5, etc. can easily obtain


From a PC,
Show Toolbox

“Account History”
↓
“Right-click”

↓

“Specify period” for the period you want to view

↓

“Right-click”
↓
“Save Report”

Then the trade history for that period will appear

At the very bottom there is
the average winning trades and the average losing trades
so
just plug these into the formula
However,
be careful because this does not apply if you use grid trading or similar strategies

If I feel like it,
I’ll write something again someday