Here's a subject I'm glad I grasped at an early stage on my trading career...Risk management. I win only HALF of my trades (bc of recent sting of losing trades my win ration is down to 49%). But bc I have an average loss of -13 pips and profit of 22 pips. It's not showing my strategy behind my trades. RRR I usually risk 20 pips to make at least 40-100+ pips. I also my my stop to break even after 20 pips in the black. That is why my profit and loss are smaller than my performance shows. A LOT of my trades end up at break even. Risk Management I risk a max of 2% of my trading net worth. Most of my trades are risking less than 1%. Which allows me to have a string of losing trades without a huge drawdown (like I have been having recently). That's my thoughts and observations on most traders on currensee. Improve your RRR and Riskmanagement and you can have a decent return by flipping a coin...just kidding guys (you still need the edge to make sure that the RRR works...but just a funny example). I've been doing this for one year now. With proper education and mentorship I've been able to be in the black after 7-8 months in the red. Irwin
