Post
Topic
Board Trading Discussion
Re: How many consecutive looses can you handle in trading?
by
Webetcoins
on 30/12/2021, 06:08:04 UTC
An important question i ask myself whenever i hear about people complaining or simply discussing a series of consecutive looses they have made while trading using a certain strategy is;
Yeah there will be no point of continuing with a strategy which is not capable of preventing consecutive losses. A strategy must be having more than 90% accuracy on profit making; which means if we trade for ten times then we may end up with losses only for one time. Otherwise, we need to stop trading immediately either for fixing the problem of your strategy or might look for an all-new strategy to adopt.

But, when you are adopting a new strategy then you should not go using it right away. You should first test on paper trading; this way it seems you must have back up plans for your strategy so that you may not disturb your trading routines when you change your trading strategies.