Holy Grail of Trading: Why A High Win Rate Strategy Won’t Make You Money

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  • Опубликовано: 18 ноя 2024

Комментарии • 147

  • @KarenFoo
    @KarenFoo  Месяц назад +14

    Reminder that there are lots of fake profiles pretending to be me on social media, whatsapp and telegram. I don't invest for people and also don't provide signals. Only impersonators will go around messaging people

    • @claudioesteban8609
      @claudioesteban8609 Месяц назад

      the full prove system is chuck hughes 10x World champion, Stats at the site, karen foo much appreciated fore sharing, and being a star of light in the world. would sell you my girlfriend anyday. Love

    • @Praveenj-m8j
      @Praveenj-m8j Месяц назад

      Great video.
      #Video1

  • @Jero2012DIY
    @Jero2012DIY Месяц назад +20

    For me, my R/R is 1:2 and I never win everyday. There will days when i keep losing.. but when i look at my monthly PnL.. I noticed I am always in green. Even my winrate of my strategy is only 50%.. base on 1:2 R/R. If you know, you know!

    • @KarenFoo
      @KarenFoo  Месяц назад +10

      PREACH! If you know you know! :)

    • @dangarcia7655
      @dangarcia7655 Месяц назад +1

      mine is normally 2:3. I suffer loses, but close months also in green! Knowing your fundamentals means very often your TPs are hit! i'm not perfect, but WAY better than before!

    • @amarpriye4903
      @amarpriye4903 Месяц назад

      You are great ,please provide some videos on Nifty 50 (INDIA)

    • @normantingee
      @normantingee 12 дней назад

      haha, having 1:2 profit target is good. for me i will never had profit target set but stop loss will definately be static. i will add and add when i am right. there is no right or wrong at time i get 1:50 ratio. and at time i might turn a winning trade into a breakeven or even worse small loses. because i added too aggressively.

    • @gustamiprasetyo4388
      @gustamiprasetyo4388 12 дней назад

      Each method has a probability, remember that consecutive losses exist, so we have to backtest for 10 years

  • @songokou329
    @songokou329 19 дней назад +1

    This is it. A short video but a super meaningful content. Deep understanding of Risk management is the missing piece of 90% of traders. And 10% traders are the one using it for years..

  • @zsuzsannamajer878
    @zsuzsannamajer878 26 дней назад +1

    Thank you for this video! People always speak as their interests dictate. The more time you spend becoming a trader. I have been studying for 18 months. This is becoming more and more apparent everywhere, even unintentionally. I'm just now an adult realizing that school took away my desire to learn, and now I love learning and reading. I love that this profession has influenced the rest of my life. It has changed my personality. I have become much more aware. So much more to come! It's incredible. I came here to learn more about fundamental analysis and the financial system. To see the bigger picture even better. Thank you for sharing your knowledge I am grateful!

    • @KarenFoo
      @KarenFoo  26 дней назад

      You're welcome!

  • @cygnevara8400
    @cygnevara8400 Месяц назад +5

    This was FIRE!!!!!!! I could hear the conviction and I have to agree. We have to have respect for the trade, and sometimes it's easy to just go for "get rich" aspect of it. I love this~

    • @KarenFoo
      @KarenFoo  Месяц назад +3

      Most people need to learn it the hard way

  • @ajaypukhrambam3157
    @ajaypukhrambam3157 Месяц назад +1

    Your statement" Pro traders focus more on fundamentals and market sentiments and less on technical" this turns me a better trader before I realised many new things that how to add extra layer of confirmation in trading.

  • @sunjianeoh4470
    @sunjianeoh4470 26 дней назад +1

    Agree with your statement. Learning and understanding all the trade strategies and structure are so basic, but after years by years, consistency needs to be built through psychology maintenance and that's the ultimate part.

  • @ivygutierrez2580
    @ivygutierrez2580 Месяц назад +1

    Thank you so much Miss Karen helping us discern and making us smarter not to be easily swayed by ADS or HYPE. God bless you always. You're my favorite Professional Trader Guru here & tiktok 🥰

  • @sharonoconnor2107
    @sharonoconnor2107 Месяц назад +1

    Absoloute GOLD! You are the most honest professional trader out there! Save yourself alot of time & money people…LISTEN! Karen you hit the nail on the head…I was one of those people…impatient, every Guru was my key to success, so i thought, cost me dearly. The penny dropped, finally after 5 years of searching for that non existent holy grail! I am now profitable. I hope to meet you one day Karen. Thank you for all the time & effort you put into making these videos❤

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      and yet most of those "gurus" with 0 finance background are now growing faster than me on youtube. many of them started youtube later than me and now surpassed me in sub count. surprising that i didn't quit

  • @Crystal_G_1989
    @Crystal_G_1989 Месяц назад +3

    Everyday should 1 to 2 trades, after that you should rest... 7 to 15% of profit every trade is okay a win is win... You must have a system and condition if you take positions... Not catching the knife because of FOMO... you will get destroyed...

  • @Praveenj-m8j
    @Praveenj-m8j Месяц назад +1

    I finally found someone who's genuinely real about their trading journey, not just showing the wins but the struggles too. I love how she teaches and keeps it honest. Definitely going to binge all her videos, starting with #video1!

  • @dima8832
    @dima8832 27 дней назад +1

    Thank you ) watched two of your videos .. very helpful .. Its simple by it makes sense .. going to follow it from now on

  • @MusicMix-j3d
    @MusicMix-j3d 28 дней назад +1

    it's important to define risk m, keep your stops relatively tight and if something goes wrong need discipline to click the leave tab

  • @antoniomorato2863
    @antoniomorato2863 29 дней назад +1

    Yes, insider's tips are very helpfull !

  • @afs4185
    @afs4185 6 дней назад

    Another right to the point super helpful video! Thank you! Yep to trade decently one got to only operate on solid set ups AND allocate risk exposure properly!
    The psychology aspect has more to do with what you mentioned once : self image...in a way.
    Thanks again

  • @nivia8606
    @nivia8606 10 дней назад

    Thanks a lot for your useful sharing, Karen 👍🙏🙏🥰👍

  • @johnathangreay987
    @johnathangreay987 22 дня назад +1

    Karen Britney Foo.
    I love the picture pal. You're layer is amazing. Pal, everything you say is gold. You are the worlds way home. One thing i learned from you pal. Is i can always make it back every time. My own win rate changes all the time. Just the markets are always changing. I remember you said the learning never stops. Just like the market's. You dont like the market's. You love the market's.
    I learn to love the market's too.
    And i also learn from you how to fail forward. That was you pal. You even coined the term "multiple streams of income." I first heard that from you pal. And i challenged anybody to tell me otherwise. Of course nobody wants too. "Failing forward" was also yours too. Im just letting you know what i remembered what you teach has not left me. You're quote. "Its not the market's thats risking. Its you are the one that is risking." That one hit me like a round house kick to my head. This feels like a final exam. Guess I was letting you know what helps me remember you're knowledge. What you teach is the bible for trading pal. You're alright pal. Respect. Hope your doing well.

  • @Matt-im9rg
    @Matt-im9rg 18 часов назад

    Thank you Karen

  • @obinnaejiofor4270
    @obinnaejiofor4270 Месяц назад

    Thanks for hitting the nail on the wall😭😂.
    You've really broadened my psychology

  • @faridulislam969
    @faridulislam969 Месяц назад

    This kinds of video will give us more confident and inspiration continues trading even having very small win rates but keeping the account grows consistently. Thank you Karen for your excellent video. People like those who wants to get rich quick they are not professional at all rather we can say all are they doing is so called gambling

  • @jendrizzyy
    @jendrizzyy Месяц назад

    Possibly one of your best videos yet

  • @ancientsoul4563
    @ancientsoul4563 Месяц назад +2

    My win rate today back testing is 100%❤. Risk reward is 1:2 and 1:3. I think I found my edge. But I don’t have the confidence and conviction to be more patience and that’s something I need to work on. I’m only been trading less than a year. But I put almost 2 years studying it. I’m currently trading with my personal acct and I don’t have enough margin to after hours trade. So I’m sticking with one strategy for day trading. Wait for the liquidity sweep and then I place my TP and SL. R/R is 1:3.

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      looks like you're doing quite well with the patience aspect :)

    • @ahmedqumbe3644
      @ahmedqumbe3644 Месяц назад +1

      You are lying, no retail trader who can win 100%, 100 trades winning all of them is unrealistic.

    • @ancientsoul4563
      @ancientsoul4563 Месяц назад

      @@ahmedqumbe3644 I am not lying! I have proof and that’s just my back testing results. But when I live trade I trade in and out quick within 1 hour. I don’t have patience to hold longer time frame. But when I back testing I hold longer time frame. You need to re-read what I wrote…. I said when I back test…
      Live trade is different results because I don’t have patience to wait hold my trades longer.

    • @HenrySmith-bm4wq
      @HenrySmith-bm4wq Месяц назад

      Be curious not judgemental ​@@ahmedqumbe3644

    • @KarenFoo
      @KarenFoo  Месяц назад

      ​@ancientsoul4563 TBH backtesting you need a good sample size and also you're prone to confirmation bias which leads you to a skewed result of 100%.

  • @sumalways
    @sumalways 29 дней назад

    Thank you Master Karen🙏

  • @rain____trader
    @rain____trader Месяц назад +1

    5% win rate now changed it to 44% and green after working really hard for 4 years 😢❤🎉

    • @KarenFoo
      @KarenFoo  Месяц назад

      keep up the good work!

  • @Greggee-r4k
    @Greggee-r4k Месяц назад

    Thankyou for the mentorship

  • @peterrodriguez5905
    @peterrodriguez5905 Месяц назад

    🏆🏆🏆 nothing but facts . Psychological mindset need to be on point , as well as risk management. And last but not least important is JOURNAL your trades . You will realized your “mistakes “ and or what you doing right . 🏆🏆🏆

  • @japan8994
    @japan8994 Месяц назад +1

    Karen .1 video for doing how u analyse which link u use for analysis and. Whats ur entry criteriA.

  • @mgomez34
    @mgomez34 Месяц назад

    Finding seller's that are demoralized is the hard part, and then buying from them for a greater profit requires patience.

  • @crazyout
    @crazyout Месяц назад +2

    Mam i'm literally suffering to find trend, entries. It's makes lonliness and depression😢😢😢

  • @Adved14
    @Adved14 Месяц назад +1

    My mentor upload the video on right time 😅
    Thanks ❤

  • @dangarcia7655
    @dangarcia7655 Месяц назад

    Dear Karen. I had the fortune to stump by your book recommended on r/forex almost first thing on my trading career. I thank you for all your wise advice and guide. I'm growing my capital about 5 to 6% a month following your advise. Keep doing your videos. We are hungry to learn more in depth about the intermarket / sentimental / fundamental analysis on our day2day

    • @KarenFoo
      @KarenFoo  Месяц назад

      I'm glad i could help!

  • @MR.Fermin000
    @MR.Fermin000 22 дня назад

    Hola karen que me recomiendas para aprender a hacer tradin por donde comenzaria a estudiar me podrias guiar muchas gracias saludos...genia😊

  • @GanesanM-v6g
    @GanesanM-v6g Месяц назад

    Ahh... Queen of fundamentals✨💥

  • @jendrizzyy
    @jendrizzyy Месяц назад

    Love the video Karen! Thank you

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      You're welcome

  • @rameshwarrmunde
    @rameshwarrmunde Месяц назад

    Thank u so much miss 😊

  • @MomodouSanneh
    @MomodouSanneh Месяц назад

    Thank you 😊

  • @dob610
    @dob610 Месяц назад

    Honest truth. Thank you!

  • @sureshbalajia2465
    @sureshbalajia2465 Месяц назад

    Hi. You are one of the most honest mentors/traders I have ever seen. Thanks a lot for sharing all your knowledge. I have to ask your opinion about the funded accounts. Could you please make a video on that topic?

    • @KarenFoo
      @KarenFoo  Месяц назад

      I'll make a video on a prop trading firm soon

    • @sureshbalajia2465
      @sureshbalajia2465 Месяц назад

      @@KarenFoo thank you soo much.

  • @azooalhafi5300
    @azooalhafi5300 Месяц назад

    Good advice.... Thank you

  • @gustamiprasetyo4388
    @gustamiprasetyo4388 12 дней назад

    Each method has a probability, remember that consecutive losses exist, so we have to backtest for 10 years

  • @Tunji90-m5k
    @Tunji90-m5k Месяц назад +4

    Please can you make a fundamental web for forex

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      What? 👁👄👁

  • @netking767
    @netking767 Месяц назад +1

    Great insight

  • @FuTrJo
    @FuTrJo Месяц назад +1

    I will be buying a few risk management books and trading psychology books. I have finished 'Trading in the Zone' on audible but now going through the 'Mental game of trading'. I also plan on buying these books because they have helped me with my thinking. Are there any other trading psychology books you would recommend? Also, what risk management books would you recommend. Thank you for your video! Awesome as always.

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      You're welcome. What you've just asked is a good video idea! :)

    • @FuTrJo
      @FuTrJo Месяц назад

      @@KarenFoo Awesome! I am excited for the video to come out

  • @Nacl333
    @Nacl333 23 дня назад

    How to do infermarket analysis

  • @zukhairiani2076
    @zukhairiani2076 Месяц назад

    among best gurus

  •  Месяц назад

    first time when i get into Forex i thought Fundamental, Sentiment and Inter-market analysis was that difficult and complicated to learn but since i gave them time everything started to give sense i can't trade based on Technical alone cause i lack an edge but since i started applying the whole umbrella i'm becoming profitable cause im always aware of what is going on in the market i don't get surprised like before so i so wish your student could take your lessons seriously like i did.

  • @thelifeofpravin
    @thelifeofpravin Месяц назад

    Thank you karen

  • @hatwbuq
    @hatwbuq Месяц назад

    I KNOW NOTHING ABOUT TRADING/ INVESTING AND I'M KEEN ON GETTING STARTED . WHAT ARE SOME STRATEGIES TO GET STARTED WITH ?

  • @normantingee
    @normantingee 12 дней назад

    win rate= you can't control market environment. know what you control buy and sell button. high win rate is like diamond hand with no risk management.

  • @Hsk736h
    @Hsk736h Месяц назад +3

    Risk reward + win rate

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      You need a good balance of both. It's a trade-off. Problem is most retail traders just focus on win rate

  • @nnconfomiststoic888
    @nnconfomiststoic888 Месяц назад +1

    But I've seen a few forex traders who do live trading on RUclips only using technical analysis and risk to reward and they do quite well, shows profits and losses, recouping losses. Relying heavily on fundamentals, i guess, you'll always have to keep your finger on the pulse of everything that's happening like inflation, recession fear, war, employment and unemployed rate and political speeches, election, geopolitics which is quite overwhelming and time-consuming, Fundamentals follows technical analysis when it's done properly, i mean just price action and support resistance, structure shift. No indicator needed. The simpler you keep it, the better. And beginners should start small, never plough all your money into trading.

    • @KarenFoo
      @KarenFoo  Месяц назад

      didn't say technical analysis is useless. I teach them on my channel too. The problem is people focusing only on nothing but strategies and win rate ONLY

    • @nnconfomiststoic888
      @nnconfomiststoic888 Месяц назад

      @@KarenFoo gotcha!👍🏼

  • @wahyutanlu19
    @wahyutanlu19 Месяц назад

    mantap nona, setuju skali

  • @langitarizu
    @langitarizu Месяц назад

    I believe in you Karen 👍 what you say that the truth

  • @akbar356
    @akbar356 28 дней назад

    Wish I could work under u.

  • @srikaramprashanthreddy
    @srikaramprashanthreddy Месяц назад

    Everyone knows best strategy never win because everyone win Trading and market will stop ..

  • @machenrique
    @machenrique Месяц назад +2

    Winning streak is boring.... sometimes losing 20% is abit fun 😂. Because it makes us better trader, by the way Karen what's your risk percentage and RR per trade in Forex?

    • @nnconfomiststoic888
      @nnconfomiststoic888 Месяц назад +2

      Winning streak makes trading seem easy to mebut suddenly when i lose, damn it hurts like hell and this shit is hard asf

    • @theblockcat-ain1572
      @theblockcat-ain1572 Месяц назад +2

      I love losing. 😅

    • @KarenFoo
      @KarenFoo  Месяц назад +4

      yeap sometimes when i am on a winning streak, i will sit and wait for a loss so that i can learn something new

    • @machenrique
      @machenrique Месяц назад

      @@KarenFoo what about risk percentage and RR that you've apply often ?

    • @seyramBradson...
      @seyramBradson... Месяц назад

      Because my wins are rule based I learn nothing but losing...I do much​@@KarenFoo

  • @rupulstilskin
    @rupulstilskin Месяц назад

    It's the math - so a high win rate with one-to-one risk/reward guarantees you'll be a winning trader.

    • @KarenFoo
      @KarenFoo  Месяц назад +6

      It's a trade off. If you have a good R:R, your win rate will be lower. If you have high win rate, your R:R will be relatively worse off

  • @LukaszAdams
    @LukaszAdams Месяц назад

    I test yesterday strategy base on price action and I set atr indicator on peroid x1 and use that sl and I Got 51% win rate on 50 or 31 trades but when I use atr 1 period x2 biper I Got 71% win rate but I earn less profit.

    • @KarenFoo
      @KarenFoo  Месяц назад

      also take care of your R:R and lot size calculations

    • @LukaszAdams
      @LukaszAdams Месяц назад

      @@KarenFoo of course

  • @AlexKithuka-c7e
    @AlexKithuka-c7e 25 дней назад

    I like your teddy bear🎉

  • @hellokunji9871
    @hellokunji9871 Месяц назад

    i have been try trading for 3 years but still struggling to make consistent profit, any suggestion for me karen? thank you if can help me out

    • @KarenFoo
      @KarenFoo  Месяц назад

      there can be hundreds of factors. already made videos on this. you can't expect me to repeat all those pointers here

  • @Midi-e3c
    @Midi-e3c Месяц назад

    Love you, most of all when you get upset ❤❤❤

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      imagine being happy when others get upset. you need help

  • @drmuzammilabbas8746
    @drmuzammilabbas8746 Месяц назад

    I got your skills from trading.its damn .I really fall in love to you

  • @pasiusrinto8574
    @pasiusrinto8574 19 дней назад

    ❤good

  • @bambacabrel522
    @bambacabrel522 Месяц назад

    Karen, I want you to recommend me a good prop firm.

  • @JahsharnExtremeBodyFitness
    @JahsharnExtremeBodyFitness Месяц назад

    This is the word of the day. Thank you Karen sharing your valuable insights 🎉

  • @santokhsingh8133
    @santokhsingh8133 Месяц назад

    One must be strong in psychology then could be CPT TRADER

  • @mokshithmmanjunatha6680
    @mokshithmmanjunatha6680 Месяц назад

    When i started trading for first I was like holy cow a holy grail I am rich now I am like now what kind of scam strategy Is this gonna be😂😂😂😂

  • @AgustinusHarianto-u7o
    @AgustinusHarianto-u7o Месяц назад

    Hello master😃

  • @Mehrin02
    @Mehrin02 Месяц назад

    Helo ma'am.
    I am doing trading from last 2 Years but i have lost all my money. I have my pending degree in university. I also have alot of loan to pay. My condition is near to suci..de. please help me so that i can live peaceful life as earlier.
    Waiting for your response. Thanks

  • @akbar356
    @akbar356 28 дней назад

    My mentor, For U, after 3 years, I am profitable. Forever in debt to u karen, Forever

  • @sanjaymaskey7570
    @sanjaymaskey7570 Месяц назад

    Since 1 month start winning without loosing.coz l stoped trading.😂

    • @KarenFoo
      @KarenFoo  Месяц назад

      the only way to avoid losses is to stop trading

  • @richardsanchez7709
    @richardsanchez7709 Месяц назад

    Thankfully I’ve stumbled across the never losing Trade. It’s a consistent $1k to $3k daily Monday thru Friday. Yeah, I know you’ll laugh and call it Bullshot but I promise you, if you sat next to me and watched me make this Trade for a month you’d agree. 😊

    • @kalyan3285
      @kalyan3285 Месяц назад

      How many years of trading bro?

  • @BrenSoleo
    @BrenSoleo Месяц назад

    Isn't it luck, Karen? Don't you lose on 1% and win on 100% chance of loss?
    How does that work?
    Is it because we playing against the nature of the game

  • @idreesbaksh2505
    @idreesbaksh2505 Месяц назад

    ²years Stil struggling

  • @songsyard1622
    @songsyard1622 Месяц назад

    60,000 plus a lot of money . How come you lost so much learning this ?

    • @KarenFoo
      @KarenFoo  Месяц назад

      $60,000 is the amount i've invested for my finance degree, buying courses and books. what you wrote doesn't make any sense

  • @martinmwebesa
    @martinmwebesa Месяц назад

    WOW

  • @gatwirig
    @gatwirig Месяц назад

    💙

  • @Ularpal
    @Ularpal Месяц назад

    😮👍👍👍

  • @Cheesecake99YearsAgo
    @Cheesecake99YearsAgo Месяц назад

    I think i might be censored on this channel 😂

  • @jojojijiju682
    @jojojijiju682 28 дней назад

    you look beautiful

  • @bollywoodnewmovies4840
    @bollywoodnewmovies4840 Месяц назад

    Watching form India you speak too fast

    • @KarenFoo
      @KarenFoo  Месяц назад +1

      Maybe go fix your bad engIish first. Just look at the way you speII

  • @AntonioMorgan-ox6xy
    @AntonioMorgan-ox6xy Месяц назад

    🎉🎉🎉🎉🎉❤❤❤❤❤❤

  • @claudioesteban8609
    @claudioesteban8609 Месяц назад

    the full prove system is chuck hughes 10x World champion, Stats at the site, karen foo much appreciated fore sharing, and being a star of light in the world. would sell you my girlfriend anyday. Love

    • @KarenFoo
      @KarenFoo  Месяц назад

      Sell me your gf? Why would I wanna buy something I don't want? 👁👄👁

  • @drmuzammilabbas8746
    @drmuzammilabbas8746 Месяц назад

    Karen will you marry me
    .I love you ..pro

  • @entertainment-ym8sv
    @entertainment-ym8sv Месяц назад

    Don't eat while talking