Hi, feel great to be a part of this trading community and have a chance to join the trading contest. I want to share with you guys about the win rate in the competition. I learn from an expert who already joined 3 seasons. How can we have a high win rate?
By having a wide stop loss and small target profit. This will give you a high win rate and quickly rank you to the top of the competition.
You’re probably wondering:
“But won’t my losses wipe out most of my profits?”
You’re right.
Losses will eventually come and wipe out your small gains.
So, what you’re doing is betting on the fact your losses will come after the trading contest has ended.
Now depending on the duration of the trading contest, the shorter it is… the greater the odds of you pulling this through.
And you can bask in the glory of a top trader with no one knowing the tail-end risk that’s lurking in your trading results.
Give me your opinion about this?
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