Samlunch
06-20

In my opinion, the most important consideration is risk management. 

Enter trades with a thesis and a predetermined stop loss. If the thesis fails, and stop loss is triggered, accept the trade has failed and move on to the next. 

Reflect on what happened and why the thesis failed and whether anything can be improved on. 

Not managing risk, or trading without stop loss will bring with it a high chance of blowing up your trading account. That will put you out of the game. 

High Win Rate vs. High Profit: Which One is More Important?
In stock trading, there are two types of people: Those Who Care About Win Rate: These traders focus on making as many winning trades as possible. For example, out of 100 trades, they hope to profit from at least 80 or 90 of them. Those Who Focus on Profits: These traders are less concerned with the win rate. Instead, they concentrate on the overall profit, aiming to maximize the profit on individual trades.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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