Came across a textbook short setup on GBPCHF on the 1H recently. The price action was within a defined range, structure was bearish, and it was signaling a potential entry.
However, the trade was a pass. Why? The stop loss was simply too wide for my account size, creating a sub-optimal risk-to-reward ratio that fell below my personal 1:2 minimum rule.
This is a reminder that a good technical setup is only one part of the equation. The real discipline is in the money management—calculating the position size and risk before ever entering a trade. Sometimes, the best trade is the one you don't take.
However, the trade was a pass. Why? The stop loss was simply too wide for my account size, creating a sub-optimal risk-to-reward ratio that fell below my personal 1:2 minimum rule.
This is a reminder that a good technical setup is only one part of the equation. The real discipline is in the money management—calculating the position size and risk before ever entering a trade. Sometimes, the best trade is the one you don't take.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.