$APR still blastering with mad pump.
Over 100% pump now on spot
1000% pump on futures.
The one reason lots of traders find it difficult staying profitable is due to epileptic risk-to-reward ratio.
One day they're going for 1:3 risk-to-reward ratio.
The next day they're going for 1:5.
I understand that certain market conditions demand flexibility and adaptivity but not as a newbie trader.
As Newbie trader, staying consistent is your biggest edge.
Pick a fixed profit target that aligns with your risk strategy.
Pick a consistent margin on each trade.
Then decide your loss threshold on each trade. It might 1:3.
It simply means, if you're to lose $100 on each trade, your profit target should be $300.
This gives you a clear direction and helps stabilize your profit and loss.
Also helps longevity of capital.
But most importantly, it helps you track and measure your performance.
