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 most painful thing about doing business?
A friend on WeChat told me a very classic saying: The biggest pain in trading is knowing that you are good, but not being able to prove it.I asked him back: Isn't the most painful thing about doing transactions not making money?He told me: You don't understand the psychology of a very competitive person. For me, proving that I am good is more important than making money.Knowing that you are awesome but unable to prove it, do you have similar thoughts? What do you think is the most painful part of trading? Let's talk together~
How is AI changing the way trading works?
Given that fundamental analysis often means going through loads of data like spreadsheets and SEC filings, is it possible that AI could trade so accurately that it makes human decision-making unnecessary? Also, how has AI already become a crucial part of advanced trading methods? And if I'm just an individual trader, how can I start using AI in my trading, and what could trading look like in the future if AI becomes a must-have tool?
Do you feel lonely doing business?
Watching trends and doing analysis until late at night, no one cares about losses, no one applauds profits, good or bad, only you know, are you lonely? Do you enjoy solitude?
How to do a practical Martin strategy with limited funds?
Can you do Martin strategy with limited trading funds? Any suggestions or ways to do it? I am a novice, and I want to try Martin's strategy with a small amount of money. I beg you to let me know!