What's your definition of a good trade as a beginner?

A good trade and a winning trade aren't the same thing. A good trade follows the plan whatever the result; a winning trade can still be a bad one if it broke every rule and got lucky.

What's your definition of a good trade as a beginner? — risk-reward diagram
A risk-reward ratio of 1 to 2

How do you judge your trades?

  • by result, process, or both
  • how that definition changed for you
  • the trade that taught you the difference
What's your definition of a good trade as a beginner? — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

The expectancy guide explains why judging single trades by outcome leads you astray.

Comments

Log in to join the discussion. Comments follow the community guidelines.

Log in to comment

Loading comments…