She might have taken a bit hit in the markets. Uncharacteristic of her to respond like this. That will do it to you. Big up..big down..big blowup..big account reduction...whole world gloomy...self promoters detested...just a general ...sorry.. no good ..lowdown ..scumbag malaise. I know how it is...been there done that..
I repeat... Let the poll speak for itself. Too much of feelings and sentiments seems to takeover trading. Where is the thinking faculty ? We have five faculties 1. Five senses 2. Emotions 3. Thinking 4. Intuition 5. Creativity Too much of emotions will surely suppress the other faculties creating an imbalanced life. I am a learner Sharing is one of the best way to learn. I shared (not teached) through my threads. I don't know about others but i surely learned in the process of sharing. It refined my thoughts and my feelings. I shared philosophy, psychology, intuition, inspiration, creativity, thoughts and feelings. Shared my view points and strategies. In the process I refined my strategy. As a gratitude I came and shared my final version of strategy. I am almost done with my sharing. Thanks and all the best to all.
Rajesheck is on point regarding his THEME. "To know others is wise, to know oneself is enlightenment." Laozi-Tao Te Ching
It's important to clarify some points regarding trading strategies, risk management, and the concept of having an edge: Edge and Success Rate: An edge in trading refers to a statistical advantage or a strategy that has proven to be consistently profitable over a large sample size. A trading strategy with a positive edge should yield a success rate greater than 50% in the long run. It means that, on average, the strategy generates more winning trades than losing trades. Risk-Reward Ratio (RR): The risk-reward ratio represents the potential gain relative to the potential loss in a trade. A 1:1 risk-reward ratio implies that the potential profit is equal to the potential loss. A 1:2 risk-reward ratio means the potential profit is twice the potential loss. Success Rate and RR Ratio: It's true that a trading strategy without a statistical edge and a 1:1 risk-reward ratio would have a success rate around 50%. Similarly, a 1:2 risk-reward ratio without an edge would have a success rate around 33.33%. However, having an edge implies having a strategy that produces a success rate higher than the random chance of 50%. Stop Loss and Open Target: Stop loss is a risk management tool used to limit potential losses in a trade. It is a predetermined level at which a trade is closed if the price moves against the trader's expectation. Setting a stop loss helps control risk and protects capital in case the trade goes against the trader. Having a fixed target profit level allows traders to set specific profit objectives and manage their trades more effectively. Predicting and Avoiding Losses: While traders aim to predict price movements to maximize profitability, it's important to recognize that predicting market movements with absolute certainty is extremely challenging. Losses are a natural part of trading, and even experienced traders with well-developed strategies will incur losses at times. Risk management, including the use of stop loss orders, helps traders manage potential losses and protect their capital. It's important to approach trading with a realistic understanding of risk and the need for effective risk management strategies. While it's possible to develop trading approaches with higher success rates and improved risk-reward ratios, it's crucial to base decisions on sound analysis, statistical evidence, and a well-defined edge.