I was losing $18 before but made $26
I was losing $18 before but made $26
This is today’s trading
I was losing $18 before but gained $26. £500 as trading asset with 4x leverage.
https://talkimg.com/images/2024/09/24/gLlAw.jpeg
Is that good?
adrian ondachchi Answered question October 16, 2024
It’s normal to lose in trading, like you said you lost $18 before If it was the same leverage as what you did today and made $26, your ratio is pretty near to 1:1.
Are you consistently following the default risk-reward ratio, or it just depends on your guts when to exit? without stop loss, you will always lose high amount.
If you are still a beginner, then you should learn from your mistakes, review what you did, and see why you lost $18 before and won $26 today.
Anyway, congrats on your profit and be consistent.
Danusushka de zoyza Answered question October 16, 2024