SPX JAN 7 2025| READ DESCRIPTION |
Here we need to understand the power of money & risk management.If it goes to 6200 from here then our RR is just 1: 1.08 .
The RR is the heart & soul of a trade. One should be discplined enought to understand this & if you are not getting minimum 1:2 & I have used the word minimum, then there is no point taking that particular trade.
You need to think what if a trade goes against me?
Always be open to both sides understanding the RR
If you are not following RR & rules then this business will eat all your wealth
You mind is actually the most powerful thing in the world.
The RR is the heart & soul of a trade. One should be discplined enought to understand this & if you are not getting minimum 1:2 & I have used the word minimum, then there is no point taking that particular trade.
You need to think what if a trade goes against me?
Always be open to both sides understanding the RR
If you are not following RR & rules then this business will eat all your wealth
You mind is actually the most powerful thing in the world.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.