Analysis And Execution
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Traders use technical or fundamental analysis, but just being good at the analysis doesn't ensure success. 40% win rate and a risk-reward ratio of 1:1.3 is good enough to make money. What it means is that as analyst,you can be wrong 60% of the time and still do well if you execute trades effectively. As a trader, you dont have that choice to make any mistakes in execution to maintain that 1:1.3 RR. Execution is the king. A strong discipline and conviction is the basic requirement of a trader to go through the ups and downs during the execution of trades. Markets have opportunities in all phases, and traders need to adapt. Doing this is tough but once you master the execution,trading can be a very peaceful and rewarding business.
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Nicely written
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Thank you @Debarchan-Ghosh-Dastidar
