10
$100K account. $Cboe Volatility Index(VIX)$
→ Trade risking $500 to gain $1500.
→ Not $5K to gain $15K!!!
Why?
Why? Because trading is based on probabilities. Over 200 consecutive trades, there’s roughly a 50% chance of experiencing a losing streak of 7 trades in a row. In the first scenario, you’d be left with $96,500 in your portfolio. In the second, your account would be completely wiped out..
🎯 Stay in the game. That’s how you win.
2.
3 questions before every trade:
What's my entry?
Where's my stop?
How much can I lose?
If you can't answer all 3, you're gambling.
3.
📉 Expected a red day after the weekend news.
📈 Market did the opposite.
The win? I stuck to the plan built on price action, not bias.
Lesson: Trade what is, not what you think.
For whom haven't open CBA can know more from below:
🏦 Open a CBA today and enjoy privileges of up to SGD 20,000 in trading limit with 0 commission. Trade SG, HK, US stocks as well as ETFs unlimitedly!
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