교육

RISK MANAGEMENT + PATIENCE = SUCCESS

Hello everyone! In this idea, I will try to warn you against the wrong approach to trading.

As you know, 95% of retail traders hold their losing positions for too long in the market, but at the same time cut profits before the trade reaches its potential.

That is, a trader, being in unprofitable positions, is ready to sit out huge drawdowns -50% ..- 70% ..- 100% of the deposit, but at the same time, with a profitable trade, he is ready to close the profit with a yield of + 1% with trembling hands.

It is a common trait of a retail trader to be constantly at war with the market.
The fastest way to drain your deposit is to fight against trades that are going against you. 95% of traders fall into the trap by increasing their stop loss on an open trade or, even worse, adding even more positions to a trade that goes against them, sincerely hoping that the market is about to turn around and go in their direction.

Successful traders do the opposite.
Taking the risk per trade of 1-2%, they minimize their losses in unprofitable scenarios by closing by stop loss. But in the case of profitable trades, they take MORE profit than they initially risk.

In this case, a profitable trader may have more losing trades than positive ones, but he will still be in profit.

Take the emotion out of your trade and let price hit your stop loss where you set it. Thus, your losses do not exceed the threshold of the planned risk, allowing your profitable positions (with a good risk: reward ratio) to override any that did not work in your favor.

Cut your losses and let your profits grow

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