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Angelito Cartagena
Added topic One very important lesson I learned after years of trading!
Are you one of those traders that is trading for more than 5 years or more and yet you are still struggling to have the one good and solid strategy that provide you consistent profits? then you need to hear this. You test all available strategy you
Angelito Cartagena
Added topic Why signals dont bring profits consistently to traders for a long time?
For my years of stay in this forum and monitored every profitable signals that popped up I observed one common thing, that all signals are bound to fail in the long run, why? There are reasons about it, all signals is either using the following
3
Angelito Cartagena
Added topic What is the criterias of signal ranking?
I hope somebody can give clarification on the matter, I notice that when your signal acquire huge gains within a short of period of time they remove your signal ranking, why is this so when they already rank you before? just asking
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Angelito Cartagena
If you want long and lasting success in trading find/develop a strategy behind a decent win loss ratio(at least 50:50) and a good risk reward ratio(recommended 1:2,1:3 or higher), sad to say majority of traders are developing/adapting systems that is doing the opposite, why? because traders are always looking for very high winning rate even if the risk reward ratio is at worst, the latest I see is the HAMSTER TURBO signal where it has 90% winning rate but the RR is very very bad, yet so many subscribers are attractive to it because of the high winning monthly results, yet traders ignore the fact that strategy such as these will not last for a year, its more on gambling than trading. Cut your loses small while letting your profits run is always the best policy in trading, good luck to us all!
Angelito Cartagena
Just an opinion!
Signals that uses bad risk reward ratio will not last long, you may make money for a couple of months then boom your capital is wiped out, but many subscribers in here still seems not to learn a lesson, they just ignore good practice in trading as long that they see that such signal provider is making big profits every month. But the truth is that nobody can beat the market, because it is random in nature, if you try to do some trick in your trading you will surely lose in the end. It is important that you follow proper ways in your trading such as good RR, risk management and the discipline to follow your trading plan all the time, then you will have better chance of success.
Signals that uses bad risk reward ratio will not last long, you may make money for a couple of months then boom your capital is wiped out, but many subscribers in here still seems not to learn a lesson, they just ignore good practice in trading as long that they see that such signal provider is making big profits every month. But the truth is that nobody can beat the market, because it is random in nature, if you try to do some trick in your trading you will surely lose in the end. It is important that you follow proper ways in your trading such as good RR, risk management and the discipline to follow your trading plan all the time, then you will have better chance of success.
Angelito Cartagena
Everyone that comes to trading has one goal in their mind which is to become a successful and consistently profitable trader, but as we all know it is the opposite that happens because 80 to 90 percent of traders in this market fail miserably somewhere along the way...
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