Post
Topic
Board Nigeria (Naija)
Merits 5 from 1 user
Topic OP
How do you know you are profitable trader
by
I_Anime
on 19/09/2025, 18:07:40 UTC
⭐ Merited by Mia Chloe (5)
Many believe that being profitable means that they will no experience losses , which is wrong no matter are professional you are in trading losses are inevitable so as for winning .

Being a profitable trader is simple it means that your wins are far more than your losses . Meaning that your risk management is well checked,  your wins are far more than your losses .

What is hindering most of us to getting to such point (being a profitable trader) is our emotion which is greed and fear , we easily get greedy when comes to placing trades that we usually neglect taken proper risk management. And most time because of fear we easily abandon our potential trades and selling halfway and stuff or not even taken the trade at all .

We need to know when to trade and when not to trade , and also we need to be able to identify high probability trades from low once so that will be able to make good use of high probability and same no when to avoid taken a low probability trades.  And the best step to be profitable is knowing what you are doing , like having a good strategy even when you haven’t completely mastered it , having enough capital and learning from your mistakes and knowing how to prevent such mistakes from the lesson the market has taught you .