Friends, stop dreaming of getting rich overnight. Even if you do get rich quickly, you'll just lose it all overnight. The most important first lesson in trading contracts is the foundational understanding of trading (must be solidly grasped).
Probability thinking Must master: • Win rate ≠ Profitability • The risk-reward ratio is the core • Losses are costs, not failures • Consecutive losses are statistically inevitable Learning focus: • Expected value formula E = (Win rate × Average profit) - (Loss rate × Average loss) • A risk-reward ratio > 1.5 is necessary for long-term advantage
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Friends, stop dreaming of getting rich overnight. Even if you do get rich quickly, you'll just lose it all overnight. The most important first lesson in trading contracts is the foundational understanding of trading (must be solidly grasped).
Probability thinking
Must master:
• Win rate ≠ Profitability
• The risk-reward ratio is the core
• Losses are costs, not failures
• Consecutive losses are statistically inevitable
Learning focus:
• Expected value formula
E = (Win rate × Average profit) - (Loss rate × Average loss)
• A risk-reward ratio > 1.5 is necessary for long-term advantage