How to explain leverage in the forex market?
I have been unable to set the stop loss in the transaction, how can I do a good stop loss?
How to judge the real strength of a trader?
My buddy was fooled by the "teacher" in the QQ group again, and lost tens of thousands of yuan, and now he is drinking to relieve his worries.Fooled by teachers in the QQ group? Being led astray by the teacher in the live broadcast room? Get liquidated by a copycat boss? There are many new traders who have been scammed. Have you ever been scammed?But there is no other way, his own strength is not enough, so he can only seek help. The market is full of fish and dragons, so how can we accurately find a truly powerful "trading master"? From what aspects should we judge the real strength of a trader?
Which is of greater significance and simplicity for you: a High Risk-Reward Ratio (RR) or a High Win Rate?
For me, achieving a high Risk-Reward Ratio takes a considerable amount of time and necessitates a lot of patience. It's led to instances where I've experienced substantial losses. This has led me to contemplate whether lowering my RR might result in a significantly improved win rate. What's your experience with this? I'm curious to hear your thoughts.Looking forward to your responses! 🙏🏼
How to effectively find the entry point?