Bullish set up...
$41.58 by May 1st in play...
5:1 RR (Risk to Reward Ratio)
This is HOW you win the game...
Zero emotion.
An edge with over 50% hit rate.
Win more than you lose.
Lose $200 on this trade or win $1000
My hit rate is 65%
If I make $1000 6.5 times that I place a trade. I made $6500 minus the 3.5 trades I lose $200... NET $5,800
This is the business of trading in a nut shell.
Counting the cost before you enter.
Lose the money in your mind.
Place the orders and walk away.
$41.58 by May 1st in play...
5:1 RR (Risk to Reward Ratio)
This is HOW you win the game...
Zero emotion.
An edge with over 50% hit rate.
Win more than you lose.
Lose $200 on this trade or win $1000
My hit rate is 65%
If I make $1000 6.5 times that I place a trade. I made $6500 minus the 3.5 trades I lose $200... NET $5,800
This is the business of trading in a nut shell.
Counting the cost before you enter.
Lose the money in your mind.
Place the orders and walk away.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.