financial plan,  Investment

Forex Profits: Doubled, Tripled Or Quadrupled

How To Double, Triple Or Quadruple Your Forex Profits While Simultaneously Reducing The Win Rate Needed To Be Wildly Successful

Forex Profits

Disclaimer: When you buy through links on our site, we may earn an affiliate commission at no extra cost to you. How we make money.

Is there a way to dramatically increase Forex profits?  

Yes, there is.  

And what if I told you it is possible to double, triple and even quadruple your Forex profits with the same market moves? Would that be something you would be interested in?

And here is a benefit you might not have thought of before…


The higher your Forex profits, the lower your
win rate needs to be in order to be profitable.


So, you not only make more money, but you make it easier to be a profitable Forex trader as well. And that is awesome news, especially for traders who struggle to be profitable, or have tried and failed before.

I look at Forex trading as a way to accumulate wealth faster and create multiple income streams on my journey towards a secure financial future.

And the key to reaching my goals is getting higher returns than other investment alternatives combined with the power of compound interest.


The higher the returns, the faster compound interest kicks in and the greater the amount of wealth can be accumulated in a shorter period of time.

So, I get very excited any time I find a way to increase my Forex profits with the same market moves my trading strategy routinely catches.

In this post, I want to go over how to double, triple and even quadruple your Forex profits while simultaneously reducing the win rate necessary to be a successful Forex trader.

This truly is game changing.

Let’s get started.


Measuring Forex Profits In Terms Of R-Multiples

I measure my Forex performance in terms of R-Multiples. I feel this is a better representation of my results because it reflects the relationship of how much I risk on a trade to how much I make on a trade.

And since I am a fanatic of risk to reward, this is my obvious choice.

I want to be clear, measuring trading performance by R-Multiples is not something I created. The credit goes to Dr. Van Tharp, a world leader on position sizing and trading psychology.


So, what are R-Multiples?

“R”, simply is a way of looking at the risk to reward ratio. 

When we place a trade, we also place a stop loss. Regardless of whether you look at this stop loss value in terms of money, percentage of your account or pips, this is the amount you are risking when you place the trade.  

Therefore, the amount you are risking is the value of R, or 1R.


Forex Profits

(In my Forex Trading Blast Off course, I teach my students how to modify the Fibonacci tool
to reflect R-Multiples, which we use to set up and manage the trades)


Essentially, I track performance in terms of the amount risked versus the amount gained/lost.

The Golden Rule of trading is to make more money on winning trades than you lose on losing trades. These are words to live by as a trader.

In other words, keep losses at a level of 1R and make profits that are +1R or higher. (The higher the better).

In terms of R-Multiples, losing trades are -1R. A breakeven trade is 0R. And a winning trade is anything over 0R. In order to give our strategy the best possible opportunity for long term success, we strive to have winning trades reaching at least +2R or greater.

For example, if we take trades with 1R risk and +2R reward, we can double our money on each winning trade compared to a losing trade. Therefore, if we placed 10 trades and 5 were losers and 5 were winners, it would look like this…


      • 5 losing trades = -5R
      • 5 winning trades = +10R
      • Overall Performance = +5R


In the Forex Trading Blast Off course, I teach a way of trading where we can capture 3R, 5R and even 10R moves… which is very profitable.

But as you’ll see, there is a way to make these trades even MORE profitable.


2 Approaches To Get Higher Forex Profits

Obviously, we want to make as much money from our Forex trading as possible. And there are two approaches to improve a trading strategy:

      1. Increase Win Rate
      2. Improve Risk to Reward Ratio

I bet you can already tell which approach I take.

Let’s go over the win rate approach first…


Win Rate

Traders are fascinated with win rates.  The higher the win rate the better, they think.

Well, hold on, not so fast.

The first problem I have with trying to increase the win rate is COMPLEXITY. I like to keep my trading as simple as possible. I want to know exactly what to do when I look at the charts without having to make decisions based on what I “think” is going to happen.

When trying to increase win rate, the common approach is to add something, like a filter. (And this can be beneficial as you long timers know from the switch from Forex Trading Blast Off to Forex Trading Blast Off 2.0).

But overdo it, and you quickly can run into trouble.  

If you have so many filters and trading rules, it becomes confusing and you get conflicting signals.  Plus, you end up filtering out just as many winning trades as you do losing ones.

Think about this…

If you filter out a 3R win to avoid a 1R loss… you are doing tremendous damage to the overall profitability of the strategy.

So, focusing on only the win rate can actually work against you and lead to less profitable trading.

Here is the second reason I don’t focus on the win rate…

Win rate on its own is completely irrelevant. Win rate, by itself, does not tell you anything about the profitability of the trading strategy.

You can trade a strategy with a 80% or 90% win rate, and still lose money if your losses are big and your wins are small.

On the other hand, you can make money trading a strategy with a 50%, 40%, 30% or lower win rate as long as your wins are big and your losses are small.

It all comes down to your reward risk ratio. Or, I guess to be more precise, risk to reward ratio combined with win rate.


Risk To Reward Ratio

As you know, I focus on the risk to reward ratio.  And I am in good company…


“You should always be able to find something where you can skew the reward risk relationship so greatly in your favor that you can take a variety of small investments with great reward risk opportunities that should give you minimum drawdown pain and maximum upside opportunities.” – Paul Tudor Jones


“It’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong.”  – George Soros


“Frankly, I don’t see markets; I see risks, rewards, and money.” – Larry Hite


“It is essential to wait for trades with a good risk/reward ratio. Patience is a virtue for a trader.” – Alexander Elder


“Paul Tudor Jones [had a principle he used to use] called 5:1. […] he knows he’s going to be wrong [sometimes] so if he loses a dollar and has to spend another dollar, spending two to make five, he’s still up $3. He can be wrong four out of five times and still be in great shape.” – Anthony Robbins on Paul Tudor Jones


“The most important thing is money management, money management, money management. Anybody who is successful will tell you the same thing.” – Marty Schwartz


The Forex Trading Blast Off plan is to trade the GBPJPY currency pair using separate accounts to trade different risk to reward targets.

Why do we focus on the GBPJPY currency pair?

Because this pair frequently creates large swings in the market where the strategy can capture winning trades with large risk to reward ratios (like 10R winners).

So, our approach has a lot to do with currency pair selection.  We need to trade a currency pair that has large swings in order to capture these high R Multiple trades.

But what if there was a way to increase the R Multiples on the same market movement?

Here is what I mean…

  • What if you can get 5R profits on a 3R market move?
  • What if you can get 8R, 14R or 19R profits on a 5R market move?
  • What if you can get 14R, 25R or 40R profits on a 8R move?
  • And what if you can get 18R, 35R or 54R profits on a 10R move?

And for those of you still wrapping your head around R-Multiples, here is what this would mean in terms of percentages the way we trade:

  • 25% profits instead of 15% profits in one 3R target trade.
  • 44%, 70% or 95% profits instead of 25% profits in one 5R target trade.
  • 74%, 125% or 200% profits instead of 40% profits in one 8R target trade.
  • 94%, 175% or 270% profits instead of 50% profits in one 10R target trade.

Trading the FTBO strategy is highly profitable, as is. But getting more out of every move can skyrocket your profits.

Not only would getting these boosts in profitability make your trading of the GBPJPY currency pair much more profitable… but it would allow for the trading of other currency pairs that don’t give huge moves.

Plus, the higher your risk to reward ratio, the lower win rate you need to be profitable. That means it is much easier to get into profits and stay there.

I am fond of saying, you can only take the profits the market wants to give you when it wants to give it to you. That means being patient and waiting for those big market moves that explode your profitability.

But being able to “skew the reward risk relationship” by capturing higher R Multiple profits from smaller market moves is a real game changer.

Being a risk to reward fanatic, I was immediately drawn to this way of trading.  And after exploring and testing this method, I was hooked.  As a matter of fact, it is so impressive I changed the entire setup of my accounts to incorporate this R Multiple increasing technique.

I want to be clear…

This method is not necessary to get great returns from the Forex Trading Blast Off trading strategy.

However, I want to be completely transparent in how I am personally trading.  And since I identified this way of trading as a way to improve profitability by increasing the R Multiple profits from the same market moves… I wanted to let you all know.

I truly want to help you reach your financial goals through simple Forex trading. So please keep reading to see if this game changing technique is right for you.


An In-Depth Discussion Of Risk To Reward

I focus on risk to reward. But risk to reward does not live in a vacuum. For example, you cannot make a losing trading strategy profitable simply by going for higher R Multiple targets.

But when you dial in the combination of win rate AND risk to reward… extraordinary profits are possible.

There are 4 scenarios when talking about win rate and risk to reward:


Scenario 1: Low Win Rate + Low Risk To Reward

This is the worst possible trading outcome.  You win a few trades and the trades you do win aren’t for much money.  You do not want to be here.


Scenario 2:  Low Win Rate + High Risk To Reward

If you are trading with a high risk to reward, you don’t need to win all that often to be profitable. So, this scenario IS profitable. As long as you keep trading, the big wins make up for the losses and you end up in profit.

The trick is to keep trading long enough where you capture some of those high R Multiple winners.


Scenario 3: High Win Rate + Low Risk To Reward

If you win a lot but have a low risk to reward ratio, you CAN be profitable. But this is a slippery slope.  I feel a lot of people get stuck in this scenario, to their detriment.

When you lower the risk to reward ratio, your win rate tends to go up. Many traders reduce their targets to increase the win rate. However, lower the risk to reward ratio too low, and you can end up giving back all your winnings with just one losing trade.

So, while it is possible to be profitable with this approach, it puts a lot of stress in the trader to win a lot.


Scenario 4: High Win Rate + High Risk To Reward

This is the ideal scenario. You are winning a lot of trades AND making a lot of money on your winning trades.  This is the kind of trading strategy everyone wishes they have.

But there are limitations to what you can do to increase win rate and risk to reward.

  • Win Rate Limitations: No matter what you do there WILL be losing trades, and overcomplicating your trading leads to filtering out just as many good trading opportunities as it does avoiding bad ones.
  • Risk To Reward Limitations: You can only take what the market gives you and have to place your R Multiple expectations within the realm of reality.

So, there is no “perfect” trading strategy that only identifies winning trades with extremely high R Multiple targets.  But that does not mean we should not strive to trade in a way that gets us closer to perfect.

Let me go into more detail on what I mean…


Risk To Reward Basics

The reward risk ratio measures the distance from your entry to your stop loss and your take profit order… and then compares the two distances.


Calculating the Risk Reward Ratio (RRR)

Let’s say the distance between your entry and stop loss is 50 points and the distance between the entry and your take profit is 100 points .

Then the risk reward ratio is risk 1 and reward 2 (1:2) because 100/50 = 2.

What is interesting is, when you know your risk to reward ratio you can calculate the minimum win rate you need to be profitable.


Calculating Minimum Win Rate

When you know the risk to reward ratio for your trade, you can easily calculate the minimum required win rate.


Minimum Win Rate Formula 

Minimum Win Rate = 1 / (1 + Risk to Reward)


Example: If you enter a trade with a 1:1 risk to reward ratio, your overall win rate has to be greater than 50% to be a profitable trader:


1 / (1+1) = 0.5 = 50%


Let’s look how the minimum win rate changes as the risk to reward ratio increases:


  • 1 to 0.3 risk to reward – you need a 75% win rate to be profitable 
  • 1 to 0.7 risk to reward – you need a 60% win rate to be profitable 
  • 1 to 1 risk to reward – you need a 50% win rate to be profitable 
  • 1 to 2 risk to reward – you need a 33% win rate to be profitable 
  • 1 to 3 risk to reward – you need a 25% win rate to be profitable
  • 1 to 5 risk to reward – you need a 16% win rate to be profitable
  • 1 to 8 risk to reward – you need a 11% win rate to be profitable
  • 1 to 10 risk to reward – you need a 9% win rate to be profitable  


Obviously, the higher the risk to reward ratio, the lower the win rate can be while still being profitable.  And while striving to have a high win rate AND high risk to reward is ideal… it is not necessary to be a highly profitable trader.

Traders that understand this, know that being a profitable trader is not really all that hard if your win rate and risk to reward numbers are in line.

Taking everything into consideration, we should strive for a strategy with a decent win rate and the highest risk to reward possible.

And I believe this is what we have with the Forex Trading Blast Off trading strategy.


Forex Trading Blast Off

Build The Wealth You Need In The Time You Have With Strategically Designed Forex Trading

Accumulate Wealth Faster, Create Multiple Income Streams & Secure Your Financial Future In 1 Minute A Day


But what if we could dramatically increase the R Multiple profits on the same market movement?  

That would be a “game changer”, wouldn’t it?

Remember, the higher the risk to reward ratio, the less you need to win to be profitable.  But when you have a decent win rate with extremely high risk to reward… that is when EXPLOSIVE growth is possible.

Since I am always trying to find ways to make up for lost time, the ability to capture more R Multiple profits without widening my R Multiple targets is extremely attractive.  

And I have identified a way to do this… and it is amazing.


How To Dramatically Increase
Forex Profits By Making More R Multiples On
The Same Market Move

OK, if you are with me so far you understand the key to profitable trading is to have a decent win rate with the highest risk to reward possible.

And you also know, it is not possible to just increase your risk to reward ratio and hope the market creates bigger swings. Your targets need to fit within realistic market movement. You cannot just set 5R targets on a market that only provides 3R market moves.

But what if you can get 5R profits from a 3R market move?  That would change everything, right?  

You don’t need to have the market provide bigger moves (which is something we cannot control). All you need to do is collect more R Multiple profits from the moves the market already provides.

The way to do this is to add to your position as it goes in your favor.

Here is an example:

Let say you are trading a market that frequently provides 3R moves captured by your trading strategy and stop loss values. Here is how to make more profits from the same move:

      • Place the original trade with proper stop loss and 3R take profit levels.
      • When price reaches the 1R level, move your stop loss to breakeven while simultaneously opening a second position with the same take profit level.
      • If your original 3R target is hit, you get 3R profits from trade 1 and 2R profits from trade 2.

This is a very simple example, and to be honest, the math to make all this work properly is beyond me (and definitely not something I want to be doing when placing my trades).

Luckily, there is a trading tool that can do all this for you (and more). This tool is called the Double In A Day Forex EA.


Double In A Day EA

This is the trading tool I use to dramatically increase the profit potential of my trades.

  • Get more profit from the same size market move
  • Reduce win rate necessary to be a profitable trader

This is a real game changer.


Now, before I go into how I am using this tool to increase my R Multiple profits on the same R Multiple moves, I want to reign in the hype a bit.

I feel the hype surrounding the Forex market in general is a major contributor to the failure rate of traders.

People who get into Forex trading because they think they are going to be immediate millionaires are missing the point.  They see the Forex market as a way to get-rich-quick instead of the true potential of the market… accelerated wealth accumulation.

Accelerated does not mean immediate.  But you can definitely accumulate wealth faster than other investment alternatives.  And with this tool, you can increase your profit potential even more.

But I don’t want you to focus on the hype of what this tool can do for you and miss the forest for the trees, so to speak.  It is easy to feel like this is a get-rich-quick gimmick and not a powerful tool we can use to strategically increase our profits.

I’m talking about the name of this Forex Expert Advisor.

It is called Double In A Day.

Does that mean you can double your trading account in one day, or one trade? Yes, that is a possibility.

Is that how I am using the EA? No. I use settings that allow me to go after higher profits, but that are easier to achieve.

So, I don’t want you to make a similar mistake here that a lot of people make with the Forex market in general. Don’t focus so much on the hyped up possibilities of using the Expert Advisor… and focus on how to strategically use this tool to realistically increase your profit potential per trade.

This is what I am doing, and the results are amazing.

On the one hand I am trying to keep you from letting your emotions run wild with the potential.  

On the other hand I am saying this can truly be a game changer in terms of profit potential.


Striking A Balance For Higher Forex Profits

The Double In A Day Forex EA can be used in many different ways.  And yes, you can use it to DOUBLE your account in one trade.

So, if I can double my account in 1 trade, why don’t I use those settings?

Well, some of the Topup strategies I’ve created can double my account, or even more.  But I also created Topup strategies that don’t.

You see, when you try to double your account in one trade, you usually have to Top Up your trades multiple times.  This means you need to start with trade 1, add trade 2, trade 3 and trade 4 in order to double your account.

Each time you Topup  the trade the stop loss is strategically placed to either a) keep all the trades at the original risk level or b) keep all the trades at breakeven level.

At any time during the trade the market comes back on you, you are taken out of all trades with either a -1R loss or breakeven (depending on your settings).

This creates a situation where you can be in a wonderful trade that is doing everything it is supposed to do… and then get knocked out of the market suddenly with a loss or no money at all.

This is very frustrating.

Imagine looking at your account and it has 90% profits… almost double your original account balance.  

And then you come back and all those profits are gone… or you have a loss.

I want to be fair.  As we discussed earlier, the higher the risk to reward the lower the win rate needs to be in order to be profitable.  So, when you are trying to double your account in one trade, you don’t need many winners to be profitable overall.

And as time goes on, and I want to add more income streams, I will trade accounts this way.  But for now, I want to strike a balance between win rate and higher R Multiple wins.

So, I change the settings in the EA to go after higher R Multiple profits that are easier to achieve.  This means that the frustrating scenario of being in a positive trade and getting out for a loss or with no profit happens less often.  (It still can happen… but not as often).

At this point, you might be feeling a combination of excitement and confusion.

  • The idea of making more money on each winning trade with the same market movement is a real game changer.
  • But it sounds confusing and you might be worried you won’t be able to pull this off.

Don’t worry, it’s easier than you think.  And I’ve done my part to make it easier still.

You see, when you combine a trading strategy that frequently catches high R Multiple moves in the market (up to 10R moves) with this Forex profits boosting Expert Advisor it puts all the odds in your favor.

  • You can make extraordinary profits on winning trades.
  • Your win rate can be lower and you are still profitable.

Furthermore, to make things as simple as possible, I’ve included training on how I use the Double In A Day Forex EA and provide the Presets I’ve created specifically for the Forex Trading Blast Off strategy.


Double in a Day double in a day double in aday


I’m very excited about the Forex profits possible combining my strategy and the Expert Advisor. I mean, we just had a 10R winner on the GBPJPY:

Winning GBPJPY Trades Hit 300, 500 and 1000 Pip Targets To “Run The Gauntlet” For The First Time In 2021 And Catapult Accounts To New Profit Levels

And with the market movement of this trade, we could have made 24% on the 3R target, 95% on the 5R target, 200% on the 8R target and a whopping 270% on the 10R target.

I don’t know about you, but these are some potential Forex profits that I simply cannot ignore.


To Your Wealth,
Edward Lomax

Take Immediate, Relentless Action

“Create a definite plan for carrying out your desire and begin at once, whether you are ready or not, to put this plan into action.”

–Napoleon Hill

Focus Only On What Works

“Lack of direction, not lack of time, is the problem. We all have twenty-four hour days.”

–Zig Ziglar

Succeed Where Others Fail

“Successful people do what unsuccessful people are not willing to do. Don’t wish it were easier; wish you were better.”

-Jim Rohn



If I Had To Do It All Again...

The 1 Way To Accumulate Wealth From The Comfort Of Your Own Home An Internet ConnectionPMTW

The #1 Way To Accumulate Wealth From The Comfort Of Your Own Home & An Internet Connection

After nearly 2 decades of making money online, THIS wealth building opportunity ticks all the boxes:

Low Startup Costs, Easy Setup, Short Learning Curve, Small Time Commitment, High Profit Potential and Excellent Scalability


send me report