Komuniti Saham

https://youtu.be/zIfkgC7ZPiQ?si=gZBXr7cZ2cILD0uD

Most traders failed because they cannot wait. The market isn't a slot machine. It's a weighing machine and it is a waiting game

You only get paid when you have the set up and you have the patience to wait for it

It is not the constant trading that makes the money. It's the sitting, waiting for the real play to show up.

Jesse Livermore's SECRET to Mastering Trading Patience Jesse Livermore's SECRET to Mastering Trading PatienceDESCRIPTION:Patience is a trader’s greatest weapon in the stock market. In this video, we explore Jesse...

Trading isn't about being right. It's about being wrong in the right ways. We're going to be wrong a lot and our safety net is our risk management. That's what differentiate between a successful trader and unsuccessful trader

https://dai.ly/x6tww07

Dragons' Den S06E06 - video Dailymotion Dragons' Den S06E06

If you trade breakout, you need to accept that sometimes breakout can fail and if you want to trade pullback, sometimes pullback may not happen and you will missed the opportunity to trade.

SPY - Represent large cap - balance
QQQ - Represent large cap - tech focus
MDY - Mid cap
IWM - Small cap

A high win rate doesn’t always mean a profitable strategy. You also need to consider:

- Risk/reward ratio

- Average win vs. average loss

Some strategies are profitable with low win rates if the wins are much larger than the losses.

Aim 100% return per year each year consistently

We sacrifice knowing very well what we getting into 📉.

It won't make sense to a lot of people

Our win rate depends very much on market conditions.

Generally during good market, win rate 60-70% is easy to achieve. But during bad market. win rate could be low between 20-30%

There are times to be aggressive and times to be defensive.

Hence we need knowledge how to read market condition. You want to be trading only small position sizes during weak market, and you want to be trading aggressively in strong market

No one has a crystal ball