#EducationalContent #technicalanalyst
I knew it before but only now I truly understand it. You can allow yourself to be dumb 75% of the time on the marketplace and still be at break even position.
My article is about reminding yourself constantly that before initiating any deals (short/long) you have to have a trade plan which is based on Reward to Risk Ratio of at least 3:1.
Even if you are wrong with you trading ideas 75% of the time you still can be successful.
The table is taken from CMT Level 1 Examination material (CMT Association).