Did you know that if you were to make 1% a day for just 1 year on a $1000 account you would have made almost 40k. Even better another year on that, Boom 1.5m +.
First Year:
Second Year:
Sounds too good to be true?
Well yeah it is! You will have losses and draw downs that effect the time line. However this is why protecting capital is so important!
Did you know for every loss it's harder to regain. Its not a case of; I lost 10%, now i need a trade to gain 10%
See image:
No, you lost 10% you need to recover 11.11%. But as you fall deeper and deeper it gets harder.
What can you do to ensure limited capital loss?
Always trade with a stop loss.
Set clear rules as to what your risk tolerance is.
Always run your own personal entry checklist before trading. 
https://cryptogb.com/f/threads/check-list-to-enter-any-trades.10/
Always calculate position sizes 
┃https://cryptogb.com/f/threads/how-...ng-for-great-risk-management-survivability.7/
Make a rule - X/10 last trade = losses to stop trading and take a break.
Keep track of all trades you enter using a journal.
Get data, Data is king. Data can give you confidence to know the win rate of certain trade setups.
First Year:
Second Year:
Sounds too good to be true?
Well yeah it is! You will have losses and draw downs that effect the time line. However this is why protecting capital is so important!
Did you know for every loss it's harder to regain. Its not a case of; I lost 10%, now i need a trade to gain 10%
See image:
No, you lost 10% you need to recover 11.11%. But as you fall deeper and deeper it gets harder.
What can you do to ensure limited capital loss?
Always trade with a stop loss. Set clear rules as to what your risk tolerance is. Always run your own personal entry checklist before trading. https://cryptogb.com/f/threads/check-list-to-enter-any-trades.10/ Always calculate position sizes ┃https://cryptogb.com/f/threads/how-...ng-for-great-risk-management-survivability.7/ Make a rule - X/10 last trade = losses to stop trading and take a break. Keep track of all trades you enter using a journal. Get data, Data is king. Data can give you confidence to know the win rate of certain trade setups.
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