I checked the square, yet some people are still talking about win rates. What’s the use of win rates? ⚠️ Is this the level of the teachers⁉️ Can a high win rate really represent making money? A stop loss of 10,000 points and a take profit of 1,000 points—tell me, is the win rate high? And with your 10,000-point stop loss, you must have included averaging down, right? 🤷♂️ For example, if you short at 80,000 and average down at 84,000, it’s very likely you’ll have to average down again at 88,000. So let me ask you, if you were right and your short from 80,000 dropped, wouldn't you only have one-third of your position? And your take profit is 2,000 points, which means you’re making 2,000 points with one-third of your position.
And what about when you stop loss⁉️ Isn’t it that all three positions are fully loaded? And if the stop loss is 10,000 points, then isn’t your loss amount 15 times your take profit amount? 💰 (Your position is 3 times larger, and the stop loss distance is 5 times larger than the take profit distance.) Do you realize what this means? You need to win 15 times just to cover one loss, which means with a 95% win rate, if you trade like this long-term, you will still incur losses.
So I beg all the teachers, please have some mercy. A gentleman loves wealth but acquires it through proper means. Don’t think of yourself as a god just because you took profits, and ignore losses. If you’re truly skilled, go trade in a real account. If you say you don’t like real accounts, you can also publicly post in advance and lay out your entire profit and loss for everyone to see. 👌 Here are some suggestions for choosing people: ⬇️ Don’t have a win rate that’s too high, preferably not exceeding 60%. Keep your stop loss small and your position size small. Aim for a risk-reward ratio of at least 1 to 3.