Silver Fox

Too many traders think any trade is 50/50. That would be like saying a heavyweight champion boxer stepping into the ring against an average human is a 50/50 chance just because there are only 2 outcomes. Terrible logic. Possibility and probability are 2 different things.

@MarK88Mar @jtrader This is the best answer.

@jtrader don't get confused between possibility and probability. there will be either winning or losing trade (that's the posible outcome) but probability of the outcome is a different story :)

Is every trade 50/50 chance?

When the market drops and hits your stops, you are forced to take the loss. When the market goes up and you don’t take any profit, you watch the market come back down and hit your stop. The only way to stop the bleeding and balance this equation is to start taking profits

There is a big difference between the fear of blowing up your account versus the fear of losing a small and acceptable amount of money. One fear is keeping you in the game while the other fear is preventing you from playing the game correctly.

The hardest part of trading is surviving long enough and getting enough reality checks to understand the truth about trading. Getting beaten up enough will result in one of two outcomes: 1) You quit 2) You learn to play the game the right way

The best traders aren’t always right. They’re just faster at admitting when they’re wrong.

You must put context behind the word “mistake” in trading. Many traders call losing trades “mistakes,” but you must not confuse a “losing trade” with “making the wrong decision.” A perfectly executed trade can become a losing trade, but it was not a mistake to take the trade.

@tradermike1234 Trying to get there too fast will slow you down.

You'll get rich quick once you stop trying to get rich quick

Most traders know WHAT to do. They just don’t know WHEN to do it.

@juandoo__ You have to define yourself as a trader and agree on which sacrifice you are willing to give up in order to play the game that suits you the best.

every trading approach has a downside scalping = anxiety swing trading = waiting high RR = losing streaks high win rate = capped upside prop firms = playing by their rules you’re always paying a price in this game just depends what you can handle pick your poison

@the_announcer01 @jtrader You can only learn to take the stop when you trust your strategy. If you haven’t done the testing and defined your edge, then you won’t have the confidence to let the edge play out.

@jtrader How and when did you learn to take the stop and close the laptop i am still facing this issue sometimes i take an L on a a+ setup and after that another a+ present itself but since i am only allowed to take only a trade i am forced to skip it

The moment you master the stop loss, trading changes forever.

@jtrader And how adjusting your stop will multiply your risk/reward ratio.

Tighter stops aren’t about limiting losses. They’re about unlocking position sizing and asymmetry. That’s the real shift: Stop optimizing for accuracy. Start optimizing for payoff structure. Survival comes from risk management, but your profitability comes from asymmetry.

A lower win rate with a high risk/reward ratio can still be far more profitable than a high win rate with poor risk/reward. The edge isn’t in being right more often. It’s in how much you make when you’re right vs how much you lose when you’re wrong.

Most traders think improving risk/reward means increasing profit targets. That’s wrong. The real way to increase your risk/reward ratio isn’t by increasing your upside. It’s by tightening your downside. Example:

@SJosephBurns Nobody in the market takes your money. You give it to them.

“Investing isn’t about beating others at their game. It’s about controlling yourself at your own game.” — Jason Zweig