Short-term contracts are a lightning-fast duel. It’s a contest of speed, decisiveness, and execution. The more complicated the routine, the slower the reaction.
It really comes down to just three things. Within the first half hour after the market opens, determine the direction for the day and only trade in that direction. Don’t touch countertrend trades under any circumstances; go with the trend and your win rate will naturally be higher. Set stop loss at 1% and take profit at 2%, a 2:1 reward-to-risk ratio. Place three trades a day; even if only half are right, the account is still positive. Don’t overthink it—just execute. When the stop loss is hit, get out; when the take profit is hit, run. Don’t hesitate and don’t stay in the fight too long. Short-term trading earns money from volatility, not from trends. When the target is reached, exit.
For the brother who’s stuck in a losing position now, did this trade get trapped because you were greedy and wanted to hold it a little longer? If you’re doing short-term trading, then do it like short-term trading. If you don’t exit when the target is reached, you’re treating it like a mid-term trade.
Come find me in the chatroom. I won’t make empty promises or boast; I’ll help you make sense of this trade. When a short-term trade should have been exited but wasn’t, deal with it first and then review it. Think it through before making the next trade.
It really comes down to just three things. Within the first half hour after the market opens, determine the direction for the day and only trade in that direction. Don’t touch countertrend trades under any circumstances; go with the trend and your win rate will naturally be higher. Set stop loss at 1% and take profit at 2%, a 2:1 reward-to-risk ratio. Place three trades a day; even if only half are right, the account is still positive. Don’t overthink it—just execute. When the stop loss is hit, get out; when the take profit is hit, run. Don’t hesitate and don’t stay in the fight too long. Short-term trading earns money from volatility, not from trends. When the target is reached, exit.
For the brother who’s stuck in a losing position now, did this trade get trapped because you were greedy and wanted to hold it a little longer? If you’re doing short-term trading, then do it like short-term trading. If you don’t exit when the target is reached, you’re treating it like a mid-term trade.
Come find me in the chatroom. I won’t make empty promises or boast; I’ll help you make sense of this trade. When a short-term trade should have been exited but wasn’t, deal with it first and then review it. Think it through before making the next trade.
