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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! 🙏🏼
What is the core secret of your profitable trading? Can you share it?
The core of what I want to ask is the meaning of "tools and strategies". It's like drawing a hand of cards. How to play this hand to win is the core. In trading, what you need to know is how to design your own "cash machine", that is to say, what core profit do you rely on? Turn the transaction into a complete planned planting and harvesting. What do you earn money from? What is the core secret?
My usual trading system continues to fail, what should I do?
If a trading system built by myself often fails and causes losses, should I abandon this system and replace it with another one? Is there a stable and profitable trading system?
How to distinguish between shocks and trends?
A Huiyou told me: Look at the weekly chart more. I went to see it and found it still a bit vague, so I beg you to explain it to me in detail! Or is there any other way to judge? I no longer want to hear the analysts in the group say: Now follow the trend and make orders! It is now in a range shock, do more on dips! Novices are really distressed, I hope all Hui friends will not laugh at me and talk about me.
What cognitive biases do we have to overcome?
