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You don't need to be

UweMoench
Jun 27 at 10:20
547 Posts
You don't need to be correct 100% of the time.If you are correct 50% of the time and have 1:2 risk reward ratio, you will make money here. Problem is we want to be 100% correct and do not want to follow any discipline.

LukeRachel
Jun 27 at 11:19
275 Posts
Yes, you are right. It is never possible to keep a 100% profit percentage in trading. For this, we have to work by managing a 1: 2 risk ratio.

SofieAndreasen
Jun 27 at 17:59
571 Posts
True. Risk management is essential in trading as it helps traders to survive in the market.

Suradi (FXOday)
Jun 27 at 21:34
117 Posts
Yes very difficult to always correct all the time, sometimes we get fail and lose, even more, if get successive loss manual trading can lead emotion arises, now I am trying to use forex robot in my trading on pair EURUSD in my account FXOpen STP, trying to survive account

Albert Zieba (Master_Z)
Jun 28 at 09:58
7 Posts
50% is the average that you have taken as the minimum. Now imagine that there can be 15% of winning trades for a month and then 95% for a month in a row. Their average value will be 55%. This is exactly what happens

LukeRachel
Jun 28 at 10:33
275 Posts
Master_Z posted:
50% is the average that you have taken as the minimum. Now imagine that there can be 15% of winning trades for a month and then 95% for a month in a row. Their average value will be 55%. This is exactly what happens

Good calculation. I do a lot of calculations when I make a consistent profit.

Mauk
Jul 02 at 06:42
73 Posts
It is a very good habit, if you know how to calculate everything correctly and control your every step, I write down a trading plan.

lovefortrading (perryjohn765)
Jul 02 at 06:51
237 Posts
That is true, one can never be 100% true be it trade or life in general. There is risk involved and yes risk gives you rewards.

AliaDare
Jul 02 at 17:21
579 Posts
We do not want to make discipline maintained. If we are trading 1: 2 risk maintain, 50% of possible profits.

LyudmilLukanov
Jul 02 at 17:48
547 Posts
Traders don't need to be experts in trading. It is easy to learn to trade only if you are interested.


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