tradingknowledge

Successful Professional Traders aren’t mainly defined by having a high Win Rate; it’s about losing only a small amount when things go wrong, and taking the maximum when they’re able to...

To make this happen, the key thing to follow is Risk Management, which is more important than the Strategy..

For example,
Risk = 1%
Reward = 3%

Even if the Win Rate is only 40%, you’ll be able to see that Profit can still be achieved in the Long Term...

What I mainly want is in Trading:

• Don’t focus on Win Rate...
• Focus only on the Risk to Reward Ratio...

#tmyan #TradingKnowledge

The Impact of Bitcoin Dominance on Your Portfolio: When Bitcoin's dominance rises, altcoins often struggle. 📉 The best time to buy altcoins is when dominance starts to drop. 📈 Keep an eye on the BTC.D chart to know where the "season" is at.
#BTCdominance #Altseason #TradingKnowledge #Binance $ETH