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Reflections after being strongly hit by the market with a 25% loss
Recently, I've noticed that many traders are facing liquidation or significant losses. Contracts can be really frightening, continuously amplifying one's desires and fears. After a big loss, I became a bit afraid of trading. I took two days to adjust and revised my trading system. To better avoid major losses during significant market reversals, I still cannot average down. If I lose 100 points, I accept defeat; I must not have a mindset of hoping for a miracle.
Open a position of 0.3 lots, with a fixed stop loss of 100 pips and a fixed take profit of 30 pips.
Wait for the signal you are most familiar with to open a position, aiming for 3 trades each day.
Profit and Loss Ratio: Profit and Loss Ratio: 1-0.3
A loss of 100 points on 0.3 lots of two contracts equals 30u.
0.3 lots of two pancakes profit 30 points is 9u
Stop loss is not painful, in order to be more confident to open a position, otherwise it is easy to be afraid of losing, copy brothers and sisters, if you choose to copy, just wait patiently, do not need to discuss in the dynamic area to put pressure on me, believe in the choice of copying, do not believe in the focus on support. It's good to keep up with your free you so that you don't get too nervous. As soon as you are nervous, I am even more nervous, the transaction will be deformed, choose to go with me to the end of the year brothers and sisters, I will not let you down. #ETH#
Respect: All brothers and sisters in copy trading