📊 Practical Review: NAORIS captures two cities in a row, risk control is always the first lifeline
Last night until noon, I executed two trades $NAORIS , and the overall rhythm was well grasped, both trades successfully closed with profits. I want to share some practical insights about profit and loss ratios and the cultivation of human nature.
1. Strategy Execution: The trade-off from 10:1 to 3:1
In this trade at noon, the initially set profit to loss ratio was an aggressive 10:1. Such trades require extreme timing and a bit of luck. However, I observed that there were potential downturns for BTC during the trade, and the trend for these non-mainstream coins is basically “bearish not bullish.” To avoid volatility risk, I decisively chose to exit all positions when the profit to loss ratio reached 3:1.
Review Conclusion: An hour later, looking back, the trend indeed entered a narrow range as expected, without larger fluctuations. Taking profits is always right, especially in a rapidly changing market.
2. My Core “Lifeline”
In my trading system, the middle band of the Bollinger Bands and the profit to loss ratio are absolute lifelines. To survive in the trading arena for a long time, one must strictly guard against:
No absolute safety orders: Even seasoned traders do not have a 100% win rate.
Control volatility: Try to keep each trade within a controllable volatility range, whether it's profit or loss, there must be space to smooth out risks.
Tiered operations: Currently, I will enter coins with large, medium, and small fluctuations based on opportunities. I suggest beginners start practicing with low to medium volatility, and only enter larger fluctuations once they have experience with the “temper” of big swings.
3. The Ultimate Goal of Trading
The core difference in all trades lies not in how accurately predictions are made, but in risk control rules: stop loss, leverage, and profit to loss ratio, all are indispensable.
My ultimate goal is: regardless of the coin, only look at technical aspects and risk control experience. Under the strict execution of the profit to loss ratio principle, achieve “confident trading.” In the future, I hope this can be realized through quantitative robots, where we handle the strategy iteration, while machines execute cold rules.
💡 Practical Summary
Trading may not be the main profession in the future, but it is indeed an excellent way to cultivate human nature, just like rock climbing—every step must be precise, and every foothold must be solid.
Let’s encourage each other: safeguard profits, but more importantly, uphold discipline.