🙌🏽 Make profits CONSISTENTLY
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Making consistent profits and winning ALL the time aren’t the same. Given the market’s ever-changing market conditions, losing is part of the battle.
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So if you’ve lost a trade or two this week, don’t beat yourself up. Rather, focus on honing your skills in finding high-probability setups with decent reward-to-risk ratios and come up with strategies that will help you minimize your losses and maximize your wins.
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🙌🏽 Clear-cut risk management rules
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Having a well-thought out set of risk management rules is also a must-have.
⠀
There are times when the market goes wild, making you doubt your analysis and trading skills. During these times which test your mental toughness, your risk management plan may be the only thing that could protect your account.
⠀
⠀
Making consistent profits and winning ALL the time aren’t the same. Given the market’s ever-changing market conditions, losing is part of the battle.
⠀
So if you’ve lost a trade or two this week, don’t beat yourself up. Rather, focus on honing your skills in finding high-probability setups with decent reward-to-risk ratios and come up with strategies that will help you minimize your losses and maximize your wins.
⠀
🙌🏽 Clear-cut risk management rules
⠀
Having a well-thought out set of risk management rules is also a must-have.
⠀
There are times when the market goes wild, making you doubt your analysis and trading skills. During these times which test your mental toughness, your risk management plan may be the only thing that could protect your account.
⠀
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