If you could go back to the first day of trading, what would you most want to tell yourself?
My answer:
“First learn position/risk management, then learn technical analysis.”
Most people do it in the wrong order—learn candlesticks, indicators, and patterns first.
You might be able to read the direction correctly, but you still end up losing money.
The reason is: you didn’t do risk management.
Even if you only have a 60% win rate, and pair it with a 2R risk-reward ratio,
turns out you’ll still have a positive expected value in the long run.
What’s your answer?
#交易心法 #交易心理 #cryptocurrency
$BTC $XAUT $HYPE
My answer:
“First learn position/risk management, then learn technical analysis.”
Most people do it in the wrong order—learn candlesticks, indicators, and patterns first.
You might be able to read the direction correctly, but you still end up losing money.
The reason is: you didn’t do risk management.
Even if you only have a 60% win rate, and pair it with a 2R risk-reward ratio,
turns out you’ll still have a positive expected value in the long run.
What’s your answer?
#交易心法 #交易心理 #cryptocurrency
$BTC $XAUT $HYPE