Post
Topic
Board Nigeria (Naija)
Re: How do you know you are profitable trader
by
Zigabel
on 20/09/2025, 11:35:43 UTC
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 .
OP dey really make sense here, pipo no wan understand say loosing na part of d process to make profit for trading, in fact if you dey always win and you never see any loss before, you even suppose fear because e mean say na luck you just dey get and you no dey do something right so one dey you fit no dey lucky again and e go come be like say dem no just want you to win mean while na just say u been never take time to notice say you no been dey do something rightly and you need to adjust the thing you don dey do since so dat you go fit maintain your profitability.

If you master your risk management well, then even when you dey loose e go dey controlled and you go know say few wins naim you go need to cover up for all the loss wey you don suffer but when e come be like say you no come dey loose at all you no go know or get the experience to use do your risk management you go just think say no so e go be dey go, so e dey help to build experience too so dat you go fit maintain you profitability. been profitable no mean say you no go loose but at the end of the day when we don check all the profits and loss, you make profit? if yes then you are doing somthing right but if no na dia problem dey.