Another one is the stop loss problem. You only need to remember one sentence: those with a low winning rate are not necessarily rookies, but those with a high winning rate are definitely rubbish🩸
When I was managing a large private equity fund, the boss told me that the first criterion for judging people was not to stop profit, but to see whether a person was willing to stop loss🩸
Many people seem to regard stop loss as a plague, as if seeing stop loss is wrong, and seeing stop loss means that this person's trading is not good. In fact, the highest level of trading is that you know that this transaction can make money but you don't make a move because it does not conform to your trading system. You know that this transaction will stop loss, but you still open it because it conforms to your trading system
I have always said that stop loss is not shameful. Any master's trading is a narrow stop loss and a large stop profit strategy. Try to use a small stop loss to intervene in the market to find a big opportunity. Narrow stop loss will definitely face a high stop loss probability. You watch these masters in the square every day, with a winning rate of 80% and 90%. Have you ever looked at their trading logic⁉️Have you really made money in the long run? Do they have real-time trading experience⁉️
Look at the traders who have been in real-time trading for more than 2 years and see their winning rate. Those who have a winning rate of more than 60% are not necessarily rookies who set stop losses, but those who pursue not setting stop losses for every order must be garbage🗑️