Notes
- You don’t need to risk more than 2% of capital to build wealth.
- Nobody gets broke by taking profits.
- Nobody gets broke by taking profits, but they all go broke by taking too much risk.
- We should look for trades with a risk/reward ratio of at least 1:3.
- You don’t need a high win rate. You need time. That’s the secret, the holy grail, to letting compound interest do its magic.
- It only takes a few trades to make 50% in a month, but it does take highly selective trades.
- Banks/Smart Money trade based on daily levels.
- Before you enter a trade, always be aware of where you will be taking profits.
Growing Small Accounts - The Reality Of Reward To Risk Ratios
Growing Small Accounts - What Should You Focus On Initially
Growing Small Accounts - Where Do 6% Per Month Form
Growing Small Accounts - Daily Bullish Order Block
Growing Small Accounts - Long Setup Example
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