Risk-Reward Mechanics
We cannot live or sustain in the market, if we concentrate only on the results of the single trade rather than process. that means SL hitting (booking losses) is not the punishment for bad outcome, similarly target hitting (profit booking) is not the real reward for good outcome.
The traders usually rewarded for good risk-reward decisions, probability assessment, adoptability, process and procedures, acceptability, discipline, position sizing, responsible and sensible for their own actions, and punish themselves for poor risk-reward decisions. for example, if traders earn even one lakh per trade without SL surely can drop into a extreme losses during the risk-reward-free random process, as he or she chosen for violating the risk-reward scenarios. Sometimes, these beat of violations is so extreme that can even take the complete saving and sometimes life as well.
The risk-reward mechanics forms the solid fundamental lessons for the traders and its complete understanding helps our ability to make and follow risk-reward based decisions. Thereby experiencing the positive outcome, adoptability, flexibility and constant, consistent improvements in confidences and in overall results. This help to become better traders by having probability and growth mindset.
Reason for long
a) HSP set up
b) volume accumulation
c) QQE breakout
d) OL candle set up
e) Super vwap breakout
g) SL compulsory
We cannot live or sustain in the market, if we concentrate only on the results of the single trade rather than process. that means SL hitting (booking losses) is not the punishment for bad outcome, similarly target hitting (profit booking) is not the real reward for good outcome.
The traders usually rewarded for good risk-reward decisions, probability assessment, adoptability, process and procedures, acceptability, discipline, position sizing, responsible and sensible for their own actions, and punish themselves for poor risk-reward decisions. for example, if traders earn even one lakh per trade without SL surely can drop into a extreme losses during the risk-reward-free random process, as he or she chosen for violating the risk-reward scenarios. Sometimes, these beat of violations is so extreme that can even take the complete saving and sometimes life as well.
The risk-reward mechanics forms the solid fundamental lessons for the traders and its complete understanding helps our ability to make and follow risk-reward based decisions. Thereby experiencing the positive outcome, adoptability, flexibility and constant, consistent improvements in confidences and in overall results. This help to become better traders by having probability and growth mindset.
Reason for long
a) HSP set up
b) volume accumulation
c) QQE breakout
d) OL candle set up
e) Super vwap breakout
g) SL compulsory