Trading Mountain : How to reach the top step-by-step


• As we all know, the road that leads to successful and consistently profitable trading is a pretty difficult and long one.
• It takes years of hard work, patience, dedication, and experience to reach the top of the trading mountain. Many beginners make similar mistakes before starting their journey.
• As it can be inferred from the graphical illustration, the mountain pattern connects dots and shows a realistic path of a successful trader to the top of the hill .
• After we have decided what our strategy will look like, we build a trading plan around it and make it a part of our lifestyle. We identify our trade entry criteria, risk management plan and so forth .
• After everything is went through and all hills are climbed, the top of the mountain will be reached. Of course, being a professional trader does not necessarily signify that there will be no failing trades and the win rate will always be above 90%.
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GateUser-818d3026
· 2h ago
There will still be failed orders even when reaching the top; this is very important. Don't idolize professional traders.
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ChaintraceAuntie
· 2h ago
The "climbing" process in the picture is very similar: first learning the rules, then being educated by the market, and gradually stabilizing.
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DrinkWaterBeforeTheMarket
· 2h ago
Can you tell me more about how your trading plan is implemented? For example, the review frequency, position size limits, and so on.
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TheRetreatButtonIsVeryLarge.
· 2h ago
A win rate doesn't need to be 90%; as long as the risk-reward ratio and discipline are maintained, you can survive in the long run.
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Don’tRushToDoubleItYet.
· 2h ago
That's quite realistic; trading is really not about getting rich overnight.
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PixelUniverseCat
· 2h ago
I feel this applies to the cryptocurrency world: with high volatility, it's even more important to set entry conditions and stop-loss points in advance.
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VinylRadio
· 2h ago
I agree more with "making fewer mistakes" being more important than "earning more money"; don't let yourself be eliminated first.
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GateUser-470bc925
· 2h ago
Climbing the mountain step by step is no problem, but don't forget to rest and replenish: control trading frequency, avoid overtrading.
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