simple thinking : when u play darts. You can either consistently hit the board (high win rate), but maybe only in the low point zones. Or, you can aim for the bullseye (high profit) but miss more often.
Therefore I am a strong believer that small, steady wins (high win rate) feel better. It keeps your confidence up and helps you avoid those stressful losing streaks. This is especially true if you're looking for a reliable income stream when you are older. You can achieve this with a good stratgy on options trading which I shared on tiger trading feed . follow Share and like ok:)
High profit trades are awesome, like hitting the bullseye, but they can be trickier and harder to find. i would leave them for long-term investments in strong companies where you're comfortable waiting for bigger payoffs. Bigger payoffs could also
Translate to bigger emotionally meltdown and losses too... hopefully not
But one advice to remember tiger traders .. big or small,
SATED contentment in your trades big or small is the most important :) ( just learnt this word SATED today while reading a book And I try to use it here cos I find it very meaningfully )
What's yours brothers and sisters
@Barcode @koolgal @SPACE ROCKET @猫咪熊 @PuppyTrades
Comments
Reposting, due to exceeding the 1000 word limit, in reply to @BillionaireN Kia ora...
Your take on small, steady wins really hits home. High win rates definitely keep our confidence up and make the trading journey way less of a rollercoaster ride. It’s a smart move, especially for those of us planning to chill with a reliable income stream when we’re old and grey.
High-profit trades are like hitting the jackpot, but they don’t have to be. With some solid research and analyzing indicators and fundamentals, like Fibonacci sequencing, those big wins can be a lot more predictable and less like a wild gamble. Best to save those for long-term investments where we can sit back, relax, and let them grow.
And ‘sated’—what a great word! It perfectly captures that sweet spot of being content with our trades, big or small. Each of us has our own risk appetite, regardless of age, so it’s crucial to find a strategy that keeps us feeling confident and not like we’re betting the farm every time.
Speaking of risk appetite, I noticed you’re diving into speculative trades on GME, a classic meme stock. Bold move! Considering your earlier comment about preferring small, steady wins for confidence and stress avoidance, I’m curious—how do these high-risk trades fit into that strategy? It seems like a bit of a contradiction, but maybe it’s part of keeping things balanced and interesting?
So here’s to staying sated and satisfied with our trading journeys! Following, sharing, and liking your strategy on the Tiger Trading feed—let’s keep growing together and make those steady wins our bread and butter!
@koolgal @SPACE ROCKET @PuppyTrades @猫咪熊
Nice analogy the way you put it! I've never really given serious thought to high win rate vs high profit rate but I feel a balance of both would be great! I don't really pay much attention to these nitty gritties as it may be stressful. As long as my portfolio keeps going up over time, even if it takes a long time, I'm not really bothered by it.
Cheers darling, sometimes don't be too hard on ourselves, ya. Or it will get unnecessarily stressful. Wishing you profitable trades!! 🩵💚💙🙌🫶✨️🌟