Most traders lose money chasing big moves without taking profits. A $500 risk trade with a 1:3 reward ratio can make $3,000 while keeping losses small. The key is taking partial profits and staying disciplined instead of riding breakouts to the top.
Chapters
Look at the precision of the reversal point. We saved all this money that the market wants to get back. From here, I will make another prediction that is not a trade, but is where the market will reverse. This delta from here to here, it's not worth the trade because here it's full of big trades not having a follow-up. I expect that from here we get all the way back from here and we can use these 2 $500 trades to make another 1:3. Now let's say if we take another 2 trades for today, 1:3, $500 risk, it's another $3,000. Only losing the profit. Worst case scenario, we close breakeven. The reason traders are unprofitable is they try to get the home run. So maybe they get this breakout and they all till the top without taking partial, without— you can never go broke by taking partial.