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This is the peace I was looking for relistening this interview... because you know what I realized? My beating up myself and my undertrading has all to do with the desire of controlling outcome! As if subconsciously I think it's possible to get to 99% win rate and it's my fault I can't get there... But actually 70-80% win rate should be more than fine even with small account...it has to allow to survive, right?... even if I must risk 2-3% every time because the stop has to be where it has to be and I can't go lower than 1 contract...
P.s..: and hearing this I recognise I do exactly contrary of the most people: I do not consider my wins but I do pay attention to a losers or money left on the table... like I should've known... winners it's normal but losers is my fault! That's how I feel. Actually in some way it's not bad because meanwhile all those males driven by testosterone and big Egos always are looking for a new strategy, a new so volatile instrument and so on, I was and am concentrated on how reduce my losers with the instrument and strategies I already have... and that really makes difference in win rate and as a consequence in PNL
👉 It seems a lot of our viewers are non-subscribers. Make sure to subscribe to our youtube channel as we upload regular videos! If you hit the “Bell” icon (🔔) you will receive a notification on youtube every time that we upload a video on our channel. Bell icon hitters are super fans of our channel 🥰
this is fascinating.
This is the peace I was looking for relistening this interview... because you know what I realized? My beating up myself and my undertrading has all to do with the desire of controlling outcome! As if subconsciously I think it's possible to get to 99% win rate and it's my fault I can't get there... But actually 70-80% win rate should be more than fine even with small account...it has to allow to survive, right?... even if I must risk 2-3% every time because the stop has to be where it has to be and I can't go lower than 1 contract...
So, did he just say there is no way a retail trader can make (consistent) money in FOREX?
P.s..: and hearing this I recognise I do exactly contrary of the most people: I do not consider my wins but I do pay attention to a losers or money left on the table... like I should've known... winners it's normal but losers is my fault! That's how I feel. Actually in some way it's not bad because meanwhile all those males driven by testosterone and big Egos always are looking for a new strategy, a new so volatile instrument and so on, I was and am concentrated on how reduce my losers with the instrument and strategies I already have... and that really makes difference in win rate and as a consequence in PNL