To each, his own.

meshpips:


Bro, let me help us see this 30% win rate with risk to reward of 1:5

Let's assume I risk $100 per trade

Out of 10 trades, let's assume he lost seven (7) times

That will be 7 * $100 = $700 loss

For the win, he makes FIVE (5) times what he risks per trade, meaning whenever he wins, he will get $500

so when he wins 3 out of 10 times, he will have 3 * $500 = $1,500 profit

Let's subtract the loss of $700 from his profit of $1,500

The trader will still have $800 profit!!!

This is the power of drilling down into the micro-structure before executing your trades.

The stop loss will b by far smaller but the rewards will be very great whenever the trade works.

I think the greater challenge is whether the trader has the discipline to hold the trade until it hits the 5R target.

Many guys are making huge killings in this market by doing this simple thing.

But this analysis just lacks nuance. These losses do something to one’s psychology. What’s the probability that he would be able to look at the trades objectively having been on a losing streak? If psychology is battered, the chances he would revenge-trade also increase, chances he might not hold for TP also increases, especially when one of the three trades probably ends up in break-even.

Bottom line is, 30% is poor, it would mess up a Traders psyche

karkinase:
this boy @humble trader no wan learn.. win rate is nevr important .. what matters is your risk to reward.

Both are important . Because a 30% win rate with a 1:5 risk to reward ratio simply takes you nowhere.

30% win rate: You lose 7 of every 10 trades and win 3 keeping a 5RR. That’s 15% up
Losing 7 trades - 7% negative.
Month end , net profit is 8%.

This is holding constant, the fact that the 7 losses do not affect psychology because the sequence in which the 7 losers will come can be random. What if it’s in 7 straight losing trades ? A streak ?
It automatically takes away the confidence to even execute the other 3 winning trades and that’s bad too.

Summary: Both of them play important roles.

Kasdat5:


Everything is a grdual process, & who's the friend you talking about ?
We all should start thinking positive about Nigeria, @ least for once , regardless...

Oh I mistook you for the OP who said her friend needed an advice.

Kasdat5:


I said "WHAT IF he initiates mechanisms to crash dollar price " ??

Very possible, but it won’t happen over night, and all your friend needs to do is stay reactive. Upon such sightings, he simply adjusts

Icrave4u:
Please i need your advice on how to invest my 10 million and make profit from it someone told me to travel out am just confused.

Lmao this illusion of an immediately better life after you travel out is not exactly the case. Certain people live comfortable lives here only to travel out and begin to live even miserable lives.

10 million is money, you can take it and learn In-demand skills like tech, coding, forex(I teach)

You can also put money into whatever gave you the 10million in the first place.

There’s a wide range of businesses you can do. Japa should be if it’s necessary for the advancement of your current operation/career.

Kasdat5:
What if Tinubu , after swearing in devices mechanisms to crash dollar price in Nigeria ?

You don’t crash dollar prices by words of mouth. You crash dollar prices by increasing overall production level across different sectors.

Almost all the containers that come into the country returns empty . This just means our productive capacity is low. Until that changes and we can generate foreign exchange as against over reliance on imports, the dollar would continue to gain.

And when dollar price do crash, you would have seen it in the state of the economy first. It won’t happen overnight.
With our national debt? It might not happen in the president’s first 4years. (This statement is regardless of who is president).

Cadexa:
What type of investment can one do to earn at least 7 percent of the capital in a month. low risk all so.

Hello, I’m a Forex trader. And I’d tell you that you can do 10-20% returns monthly. But again I understand the part of low risk as mentioned and Forex doesn’t exactly tick that box.

But here’s what you can do, you can leverage on the expertise of seasoned traders to really mitigate against such occurrences of heavy losses.
Good part is, you don’t need a million. You can commit with only 10% of that for a start and see how you can achieve the aforementioned percentage.

If this interests you, I’d be available for a chat on WhatsApp via- +2347014901003

One of our recent trades in our community.
7RR DONE
$10-$700
$100-$700
$1000-$7000

One single trade.
Join us today , send us a message on whatsapp: +2347014901003

Send us a message on whatsapp: +2347014901003

A F T E R

7.5 risk to reward ratio-
$10-$70
$100-$700
$1000-$7000

One single trade , don’t sleep on it , join us today.
$50-500 challenge loading (one single trade.)

B E F O R E

Ejuna80:
Please who can recommend a good broker for me. Want very low spread and easy for verification. I intend to start with 10 dollars and be adding little by little. Also easy withdrawal of profits.

LiteFinance, FBS, Exness

Our most recent buy on USDJPY. For a 9RR (Risk to Reward) . Why are you not in our community yet?

Our most recent buy on USDJPY. For a 9RR (Risk to Reward) . Why are you not in our community yet?

Qrt7:
Trading synthetic indices and earning on deriv using automated trading robots get free forex trading expert advisor bot and free binary bots inclusive

Please DISREGARD.

It’s another week. And our offer is still open for March ! You’re one message away from enjoy premium sig-nal services .

It’s another week. And our offer is still open for March ! You’re one message away from enjoy premium sig-nal services .

Phew, revisited this thread, wondering if Pointblank still trades

Me77:
Hi everyone. For does using binance.
Buying usdt using p2p, what does the:

Amount
589.82 USDT means? And,
Limit
₦40,000.00 - ₦437,911.24

Amount is the maximum amount of USDT he is willing to Sell to you. If you do the maths, 743 x 589.82 you'd get 437k.

NGN40,000 worth of USDT is the minimum he'd sell to you. No less. 743/$ is his rate at which he'd sell

Trading has been made easy for you, only if you're willing to leverage

Trading has been made easy for you, only if you're willing to leverage

HumbleTrader:
I've always wondered if trading is profitable, why are the 1 percent winning not teaching the 99 percent losing, now I know why.

As it is, even if I'm offered ten times the initial amount for my strategy I'll refuse it., nor will I trade for anyone.

To answer your question, it's 100% winning strategy. I took 11 trade in a row, all profit no loss, see proof below.

Lol so 11 trades in a row is enough to score your win rate ?

Why not try doing it over 100 trades ? Or what do you think the word consistency means ?

HumbleTrader:
The profit I dey make too small, personal account no problem, but for competition with over 6,000 candidate, problem dey.

My 100% winning strategy help me recover the account as nasdaq show me something when I take big risk.

But the only way to win this competition na to take big risk and maybe win, or play safe and lose.

100% winning strategy? Is that name of the strategy or are you saying that it’s a 100% win rate ?

Beautiful trade setups forming on GBP and NZD pairs, and you know that in the markets, profitable trade setups simply = Benjamins💰💰

Don’t miss, send us a message today.
+2347014901003

Beautiful trade setups forming on GBP and NZD pairs, and you know that in the markets, profitable trade setups simply = Benjamins💰💰

Don’t miss, send us a message today.
+2347014901003

Hello all, I’m glad you’re in this thread and Welcome.

It’s no news that a huge percentage of traders struggle to consistently extract profits from the financial markets, even though they know and are sure of its huge reward/profit potential.

Well, you’re not wrong about it’s huge profit potentials, but then again it probably requires a ton of work to achieve, and that’s what many cannot afford to put in- perhaps because they don’t have the luxury of time, or it’s probably taking longer than expected.

Well, GOOD NEWS IS! We’re here to shorten that terribly long curve of unprofitability for you and everyone else !

HERE’S HOW
What If you could leverage on our trade sig-nals (currencies and indices) FOR FREE to earn some decent amount of profits while you either choose to master the art of trading ? Or even take our trade calls to help you eliminate/reduce the stress of “mastering trading” especially If you have other work involvements that require your time .

Sounds good? Then Keep reading.

We’re currently opening slots for a selected amount of traders who would be interested in our trade calls at absolutely no cost.

Join our growing community of broker killers and more so, it’ll be amazing if you leverage on it.
Again, it’s free so you have absolutely nothing to lose.

If interested, SIMPLY INDICATE or Alternatively, you can send us a message on whatsapp: +2347014901003

We’d continually update the thread with trades we take, just so you know how it’s going in our community.

Thank you for reading !

Hello all, I’m glad you’re in this thread and Welcome.

It’s no news that a huge percentage of traders struggle to consistently extract profits from the financial markets, even though they know and are sure of its huge reward/profit potential.

Well, you’re not wrong about it’s huge profit potentials, but then again it probably requires a ton of work to achieve, and that’s what many cannot afford to put in- perhaps because they don’t have the luxury of time, or it’s probably taking longer than expected.

Well, GOOD NEWS IS! We’re here to shorten that terribly long curve of unprofitability for you and everyone else !

HERE’S HOW
What If you could leverage on our trade sig-nals (currencies and indices) FOR FREE to earn some decent amount of profits while you either choose to master the art of trading ? Or even take our trade calls to help you eliminate/reduce the stress of “mastering trading” especially If you have other work involvements that require your time .

Sounds good? Then Keep reading.

We’re currently opening slots for a selected amount of traders who would be interested in our trade calls at absolutely no cost.

Let’s help you earn money, (of course it’ll be advisable to earn regardless of who is president) .
Join our growing community of broker killers and more so, it’ll be amazing if you leverage on it.
Again, it’s free so you have absolutely nothing to lose.

If interested, SIMPLY INDICATE or Alternatively, you can send us a message on whatsapp: +2347014901003

We’d continually update the thread with trades we take, just so you know how it’s going in our community.

Thank you for reading !

Elliotwaveforec:
It seems I am the best Wave Analyst on earth; I have checked the analyses of all the top wave analysts around the world, I rank myself number one.

Lol but wave analysis is not a guarantee for profitability. Regardless of what you use, consistency is what matters. I make quite a decent sum from the markets and I do not know beyond each trending phase having 5 waves with 2 and 4 being the corrective waves.

So really, it’ll be better to not paint wave analysis as some holy grail strategy. It’s not

Let's bring this back 2023