What you really need:-
- Discipline
- A Good Trading Setup
- Risk Management
- Patience
What you don't really need
- Costly Algos
- 10 Screens
- Heavy Software
- Rich Parants
@Mohitsharma202 Sir can you share your technique how to control drawdown? @Mohitsharma202
I thought this is the most important thing in trading that every trader should know.
I only know about 3 things
➡️My Rules Defined Setup (Entry, SL & Exit)
➡️My Drawdown Control Techniques
➡️My Right Position Sizing ( Risk Management)
Baki sab moh maya hai😅
The best medicine:
- Lots of water
- 8 hours sleep
- 10k steps a day
- High protein diet
- Plenty of sunlight
- Lift heavy weights
Don't over complicate it.
If you follow right Risk Reward Ratio you don't need holygrail
✅ If you follow 1:3 you just need 25% win rate for break even
✅ If you follow 1:2 you just need 33% win rate
But most trader don't want loosing trades and have to give up beacuse they failed to findout holygrail