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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! 🙏🏼
Since when did you feel that trading is not that complicated?
Let me talk about myself, when I came into contact with currency, I found it very simple. Isn’t it just buying and selling currency, and there is no time limit. Later, when I really started trading, especially when I came into contact with indicators, I found it very difficult. Some indicators even have names. I couldn’t read it well, and after I studied it thoroughly, I found that the market was not as docile as I imagined, and losses were common, and my mentality collapsed...Why do I think trading is from simple to difficult, but Isn't it getting simpler and simpler as everyone said? Do you feel the same way?
As far as I know, many master traders will rely more on the sense of the market, how to cultivate this feeling?
How to judge the trend in the early stage. ?
How Do You Handle Fear and Greed in Your Trading?
I've been learning about trading psychology, and it's clear that emotions like fear and greed can seriously impact our trading decisions. I'd like to hear from fellow traders about how you deal with these emotions when you're in the midst of trading. What strategies or techniques do you use to keep fear and greed in check and make more rational trading decisions? Your insights and experiences could be a great help to all of us looking to improve our trading psychology. Share your wisdom!
