Alpha Circle Nsukka | Charts, Psychology & Market Discussions

C
@chijix - 22 hours ago
Quoted - mitchei_1

Would you rather have a 40% win rate with huge winners or an 80% win rate with small winners?

Well it depends on the trade, I think 80% win rate will be better on daily occasions while 40% with huge winners have to be occasionally

C
@chijix - 22 hours ago
Quoted - mitchei_1

What's more dangerous: greed after winning or fear after losing?

Greed after winning, you can loose all your funds if you chase too much

M
@mitchei_1 - 22 hours ago
Quoted - promisefx

Baba greed fit kill oo

So does fear after losing

Some may just quit and never comeback

M
@mitchei_1 - 22 hours ago
Quoted - promisefx

I didn't get the question the 2 are bad

Yhh both are dangerous

But which is more dangerous btw the both of them?

M
@mitchei_1 - 22 hours ago
Quoted - promisefx

It's hard to choose bro

I choose small win

But when a strategy for the big win is certain I would take it also

M
@mitchei_1 - 22 hours ago
Quoted - justme_

Omo the two dangerous broo

No one better na to just try avoid am🙂

But the fear is normal for most

But the real deal is to accept the loss, learn from it so it doesn't repeat itself

C
@chijix - 21 hours ago
Quoted - mitchei_1

But the fear is normal for most

But the real deal is to accept the loss, learn from it so it doesn't repeat itself

For me psychologically loss is part of the journey, that is what every trader should learn from, it shouldn't be discouraging

M
@mitchei_1 - 21 hours ago
Quoted - chijix

Well it depends on the trade, I think 80% win rate will be better on daily occasions while 40% with huge winners have to be occasionally

This likely to fall in loss most of the time because it's "Daily" now according to you

Now these movements in the market happens daily, True

But they are seen with vast strategies or plans which means u obviously swing from strategy to strategy in search of these movements or u use signals from other traders which is not entirely advisable

So sticking with either is okay

But those Big wins DAILY??

It not going to be wins

It would be loss and it's fact

M
@mitchei_1 - 21 hours ago
Quoted - chijix

Greed after winning, you can loose all your funds if you chase too much

Okay

Majority chose Greed after win as more dangerous

I go with that too by the way

It can drop u from high ladders

C
@chijix - 21 hours ago

Reply me if I'm wrong but I think patient and insight is one of the key traits in forex trading, information is the most valuable thing also

M
@mitchei_1 - 21 hours ago

Can you genuinely be emotionally detached from money while trading real capital?

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