Consistency is a symbol of a successful trader, there are traders who's winning trades are greater than their losing trades this clearly shows pure consistency. But on the other side there are traders who's losing trades are greater than their winning trade and the still survived in the market.
Specifically am talking about the hit and boom traders, the tend to lose trades but what the earn is greater interms of income .
Example: Mr Trader Total losing trade is 50 while winning trade is 30
Amount of loss: $500
Amount of winning: $1500
This is being achieved buy probability which the end up blowing their accounts because of the lack of fundamental knowledge about trading
Specifically am talking about the hit and boom traders, the tend to lose trades but what the earn is greater interms of income .
Example: Mr Trader Total losing trade is 50 while winning trade is 30
Amount of loss: $500
Amount of winning: $1500
This is being achieved buy probability which the end up blowing their accounts because of the lack of fundamental knowledge about trading
The success of a successful man is behind the success of a successful frien