What should I do if my trading system encounters a retracement?
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.
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! 🙏🏼
As a trader, how do you face doubts and denials from the outside world?
As a trader, do you often face various questions from the outside world? for example:Which one can you buy today? Why is it still not up? Is there any inside story?However, direct denial may make you feel more uncomfortable than doubt:How do you still look the same after all these years? Can you support your family?What's the difference between you and a gambler? These uncertain signals often make us fall into self-doubt. You start to re-examine yourself, but you ignore the depression of retracement in the trading process, the annoyance of selling off, and the pain of missing out. easy!Faced with these "stumbling blocks" on the road to trading, please tell me how to face or respond to them?
Can retail investors make money by imitating the single-handling methods of large institutions?
I found that our retail investors like to fight against big institutions when doing transactions. Why is this? Since it is a large institution, it is generally profitable, so can we still make money by imitating their single-handling methods?Recently, I heard about an institutional order area strategy. As long as you have the ability to identify and discover the order area of an institution, by identifying the trading methods of banks and large institutions, you can follow their footsteps to make money. It sounds reasonable, do you think it is reliable?