Focusing on profit margin rather than being overly obsessed with win rate is the ultimate secret to making money
High-win-rate trading in FX does not make much sense
Because the profitability rate ends up being more lucrative
It's not that I am denying high win rates
There are proper ways to earn money
However, with what is claimed as high win rates
most of them have small profit margins
There is no method where the win rate is high and the profit margin is large
If losses accumulate even a little, the total balance tends to be negative
There is nothing more meaningless than high-win-rate trades that quickly lose their profitability!
Therefore, basically, it is important to find something that can preserve profit margins
In order to achieve profit margins, time is basically required
Because it takes time to start making a profit
Therefore, basically you might also try scalping with a time frame of 15 minutes or longer
When the chart is 15 minutes or longer, looking at the profit alone, 10 pips or more is normal
You can also see opportunities that cannot be viewed on a 5-minute or shorter chart
Short-term charts have attractive aspects, but parts can be merely a mirage
If the trap is in market conditions that cannot be seen on longer timeframes, there is risk and it is harsh
So rather than aiming for a high win rate, aim for profit margin and also consider the timeframe a little and monitor.
※ For those who want to keep earning in FX, go here ↓
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