In this video, you'll learn how to improve your winning rate.
Go watch it now...
** FREE TRAINING **
Stock Trading Secrets:
https://www.tradingwithrayner.com/sts/
** TRADING BOOK **
Price Action Trading Secrets: https://priceactiontradingsecrets.com/
Go watch it now...
** FREE TRAINING **
Stock Trading Secrets:
https://www.tradingwithrayner.com/sts/
** TRADING BOOK **
Price Action Trading Secrets: https://priceactiontradingsecrets.com/
Do you have a lousy winning rate? Then here are three tips for you. Number one: Widen your stop loss. The reason why you have a poor winning rate is because your stop loss is too tight and any slight movement in the market right stops you out of your trade. So the trick here is to have a wide enough stop loss.
You can reference you know the nearest area of support or resistance and set your stop loss a distance away from this price structure. This keeps you in the trade longer. Number two: have a reasonable Target don't aim for you know uh, one to you know, 20 risk to reward ratio? No right. Usually you want to set your target just before the nearest swing high before resistance so you have a good chance of you know exiting your trade with a profit and finally try to throw it with the trainer.
After all, the train is your friend, all right. So trading in a direction of the trend right will help you improve your winning rate and gives you a better profit potential.
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Thanks
Hi sir