5 Reasons Why You're Losing Every Trade!‼️🎯
Avoid these mistakes to improve your trading outcomes:
1. Stick to a single strategy consistently throughout the day for a higher winning rate.
2. Always conduct basic chart analysis before entering a trade, incorporating support/resistance, candle patterns, EMAs, RSI, and FVG to enhance trade probability.
3. Limit your daily trades to 4 or 6 to reduce risk, and always use proper take profit and stop-loss levels.
4. Maintain a favorable risk-to-reward ratio between 2-3 to mitigate losses even if you lose a majority of trades.
5. Trade in alignment with the trend to increase the likelihood of winning trades, avoiding going against the prevailing market direction.
6. Only risk 1% of your total balance per trade to safeguard against significant losses during the learning phase.
7. Prioritize backtesting strategies multiple times before real-time implementation, starting with low amounts, and avoid revenge trading after losses.
Bonus Tip💎
The FVG strategy boasts a 90% win rate, particularly when coupled with long candles, offering quick and reliable profit opportunities.
