Do you know you pattern well? Part 3.

FX:CADJPY   Canadian Dollar/Japanese Yen
the beginning is on the chart above))
Also to trade successfully with discipline you need to know your patterns statistics.
What is the accuracy ratio? What is the largest drawdown? What is the average loss? What is the average win? What is the profit factor? What is the expectancy? What is the average risk to reward ratio?
If you don’t know the statistics you will inevitably self-sabotage yourself and deviate from your trading strategy.
And now the reasonable question comes. Do you know the answers to ALL of these questions? If not then you are most likely consistently losing money trading instead of generating it. Do you want me to fix this problem in a blink of an eye? Do you want me to tell you what you need to do to stop losing money?. Some of you maybe already guessed the answer. The answer is: Stop trading immediately.
First, find the answers to ALL of these questions (I probably enumerated 50-55 of them). How can you get the answers? Read in my nex edition. I will give you the three ways to do it))
Comment: Hey, traders. The final part comes tomorrow. So, do not miss it))
yes :)
+1 Reply
Yeah, the problem is fixed easily))
+1 Reply
That is enlightening article...
+1 Reply
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