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These are the user uploaded subtitles that are being translated: 1 00:00:00,256 --> 00:00:03,840 Guys go for this video I'll go over why I use 2 00:00:04,096 --> 00:00:06,400 A 12-2 risk-to-reward 3 00:00:07,424 --> 00:00:09,728 No I've been treating for almost now 4 00:00:09,984 --> 00:00:14,080 Well I guess upcoming 2023 year will be my fifth year treating 5 00:00:15,104 --> 00:00:15,872 And 6 00:00:16,640 --> 00:00:21,760 When I first that you're treating my risk-to-reward was A123 7 00:00:23,040 --> 00:00:27,392 However what I would notice is that when price would be in profit 8 00:00:29,184 --> 00:00:32,000 Eventually most of the time eventually 9 00:00:32,512 --> 00:00:37,632 It will come back to my break even or my stop-loss when I thought that this trade was going to hit my teepee 10 00:00:40,704 --> 00:00:42,496 That would be really frustrating for me 11 00:00:43,264 --> 00:00:45,056 That is even messed up my 12 00:00:45,312 --> 00:00:51,456 Psychology I would be so upset and have my emotions in the game which is something you should not have soy 13 00:00:51,712 --> 00:00:53,248 Last year was 14 00:00:53,760 --> 00:00:54,528 I reduced 15 00:00:54,784 --> 00:00:56,832 Marvel Civil War to a 12-2 16 00:00:57,088 --> 00:00:57,856 And from 17 00:00:58,112 --> 00:01:01,184 Then on I noticed that my agresi increase 18 00:01:01,440 --> 00:01:03,232 Mytp was getting hit 19 00:01:04,256 --> 00:01:04,768 And 20 00:01:05,024 --> 00:01:08,352 When my Tepee was getting hit more than I was losing 21 00:01:08,864 --> 00:01:13,472 It really gave me confidence that I knew what I was doing that my strategy was good 22 00:01:14,240 --> 00:01:19,360 Because think about it if you have a 1-2-3 risk-to-reward you can be profitable 23 00:01:19,616 --> 00:01:23,968 All you need I believe is around the 35% or 40% accuracy 24 00:01:24,992 --> 00:01:27,552 But see you do have a 40% accuracy 25 00:01:27,808 --> 00:01:29,344 So out of 10 trades 26 00:01:29,600 --> 00:01:31,904 They all you need is for tres-2b right 27 00:01:32,928 --> 00:01:34,464 But for The Isaacs 28 00:01:34,976 --> 00:01:37,280 You're basically losing more than you winning 29 00:01:37,792 --> 00:01:42,656 And for me if I start taking more losses and I went than my wins 30 00:01:42,912 --> 00:01:44,192 Or if I start taking 31 00:01:44,448 --> 00:01:45,984 Through the four losing streak 32 00:01:47,008 --> 00:01:49,568 My psychology we messed up I'll start 33 00:01:50,848 --> 00:01:55,712 I will start thinking does my strategy work like what's happening why am I taking all these 34 00:01:55,968 --> 00:01:58,016 Ellen's wife my stop-loss getting hit 35 00:01:59,552 --> 00:02:04,672 So that's why she ain't wanted to because it's better to see your trade hitting teepee 36 00:02:04,928 --> 00:02:07,488 Is that receipt that you're actually having 37 00:02:09,024 --> 00:02:10,816 A strategy that has 38 00:02:11,072 --> 00:02:12,096 A good accuracy 39 00:02:12,352 --> 00:02:14,144 And 4122 40 00:02:14,656 --> 00:02:17,984 All you need is a 50% accuracy to be profitable 41 00:02:18,240 --> 00:02:19,776 Now what do I need my dis 42 00:02:22,336 --> 00:02:25,152 Let's check Isabella physical UPS confidence 43 00:02:29,504 --> 00:02:31,040 Now 44 00:02:32,320 --> 00:02:34,880 Look at some examples on how are yous 122 so 45 00:02:35,392 --> 00:02:37,184 Here's a treat idea that I took 46 00:02:37,696 --> 00:02:38,464 A couple weeks ago 47 00:02:39,232 --> 00:02:41,280 3C price came to order block 48 00:02:41,792 --> 00:02:45,376 And there's a lot more consequences but we'll just go off that for now 49 00:02:47,424 --> 00:02:49,984 The out please my stop-loss Bhai 50 00:02:51,264 --> 00:02:53,312 And just stick to one or two 51 00:02:54,848 --> 00:02:57,408 Even if price has potential to go further 52 00:02:57,664 --> 00:02:58,944 Distinction wanted to 53 00:03:00,224 --> 00:03:00,736 Now 54 00:03:00,992 --> 00:03:02,528 We see how price 55 00:03:02,784 --> 00:03:04,320 When Ashley 41 56 00:03:04,576 --> 00:03:05,088 Why 57 00:03:05,856 --> 00:03:06,880 People see 58 00:03:07,136 --> 00:03:09,952 Why did you stop at 122 59 00:03:10,208 --> 00:03:10,720 Well 60 00:03:11,232 --> 00:03:12,512 Yes guy happens 61 00:03:12,768 --> 00:03:15,328 But what happened to me last month actually was 62 00:03:15,584 --> 00:03:16,352 There was 63 00:03:16,608 --> 00:03:17,376 3 * 64 00:03:17,632 --> 00:03:19,424 In a row where price 65 00:03:19,680 --> 00:03:20,192 Came 66 00:03:20,448 --> 00:03:22,752 To my tipi ar12 67 00:03:23,008 --> 00:03:25,568 And then hit my break even right after 68 00:03:26,592 --> 00:03:27,872 So repeat that 69 00:03:28,128 --> 00:03:30,944 Three times in a row last week I mean last month 70 00:03:31,712 --> 00:03:33,504 Within the same week for price 71 00:03:33,760 --> 00:03:34,784 Hit my teepee 72 00:03:35,552 --> 00:03:39,392 I took a W on that tree and then it came back to my break even 73 00:03:40,160 --> 00:03:41,184 And I thought to myself 74 00:03:41,696 --> 00:03:45,280 Oh wow if I if I had my old one and three risks 75 00:03:45,536 --> 00:03:46,304 201 76 00:03:46,560 --> 00:03:49,632 I would have to stop and break even three times 77 00:03:50,656 --> 00:03:56,288 So it was at that point when I knew that one is to do you do really have a high accuracy 78 00:03:57,824 --> 00:03:58,336 Go 79 00:03:58,592 --> 00:04:03,712 You may not have a 1-2-3 where you get more risk will you get more reward 80 00:04:03,968 --> 00:04:07,296 I wanted to have a high accuracy so it makes up for it 81 00:04:10,368 --> 00:04:13,696 And I'll show you more examples so 82 00:04:14,464 --> 00:04:19,071 I mentioned before that with a one or two all you need is a 50% accuracy 83 00:04:19,327 --> 00:04:21,375 So let's count this as the first trade 84 00:04:21,631 --> 00:04:23,167 So this is a w 85 00:04:24,959 --> 00:04:27,519 What's a walrus a walrus 86 00:04:27,775 --> 00:04:29,055 1% fruit tree 87 00:04:29,311 --> 00:04:32,127 Safari 1% on this trade 88 00:04:34,431 --> 00:04:35,711 I need 2% 89 00:04:36,479 --> 00:04:39,039 Not music 1% just cuz it's the eating number to do 90 00:04:39,295 --> 00:04:40,575 Sammy 2% right 91 00:04:41,343 --> 00:04:43,647 My first raid I'm 80% 92 00:04:43,903 --> 00:04:45,695 Now that's a tree 93 00:04:46,719 --> 00:04:49,535 I sold at this record block or retracements 94 00:04:53,119 --> 00:04:53,887 My 2nd Street 95 00:04:55,167 --> 00:04:56,703 I stopped last but I 96 00:04:57,727 --> 00:04:58,495 Wanted to 97 00:04:59,519 --> 00:05:00,287 TV was hit 98 00:05:01,055 --> 00:05:03,103 Now my second street was another w 99 00:05:04,639 --> 00:05:06,431 Now I'm up 2%. 100 00:05:08,735 --> 00:05:13,087 Not my first trade let's see that or actually did take a loss on this one 101 00:05:13,855 --> 00:05:15,903 What happened was price actually broke 102 00:05:16,159 --> 00:05:17,183 Structure for a bit 103 00:05:18,463 --> 00:05:19,231 The 12 104 00:05:22,559 --> 00:05:23,839 Stop-losses head 105 00:05:24,095 --> 00:05:26,655 The master Trade Surplus with his cards 106 00:05:26,911 --> 00:05:28,703 Allaso I lost a set 107 00:05:28,959 --> 00:05:30,239 And my fourth trade 108 00:05:31,519 --> 00:05:32,799 See I tried calling again 109 00:05:33,055 --> 00:05:34,079 I just want to block 110 00:05:34,847 --> 00:05:35,871 And I stop latitude 111 00:05:36,127 --> 00:05:36,639 So 112 00:05:36,895 --> 00:05:38,175 Back down 91% 113 00:05:38,943 --> 00:05:42,015 And the key is you always have to keep the same risk 114 00:05:43,551 --> 00:05:45,087 So now if we do the math 115 00:05:45,343 --> 00:05:47,391 2% + 2% is 4% 116 00:05:47,647 --> 00:05:50,719 -1 % 3% - 1% 2 % 117 00:05:50,975 --> 00:05:57,119 So we can 50% accuracy I'm up 2% 118 00:05:58,911 --> 00:06:02,495 With a 12 to 50% accuracy which is not 119 00:06:03,007 --> 00:06:04,543 Really that hard to get 120 00:06:04,799 --> 00:06:07,103 I'm up I'm up 2% unprofitable 121 00:06:11,199 --> 00:06:14,527 So like I said here it's easy to have a high accuracy 122 00:06:14,783 --> 00:06:19,903 And if you do get a Hyatt at least 50% accuracy and even if you do have 50% accuracy 123 00:06:20,159 --> 00:06:21,439 You can't be possible 124 00:06:21,951 --> 00:06:23,231 Baby I higher the better 125 00:06:23,487 --> 00:06:28,095 And as long as I have a 50% or more 40% more actually using the same wrist 126 00:06:28,351 --> 00:06:31,167 I will be I will be possible over the long-term 127 00:06:31,423 --> 00:06:35,263 The key is not to think of it as a trade by trade 128 00:06:37,055 --> 00:06:40,127 Nothing A B Tree by tree with the think of it as 129 00:06:40,383 --> 00:06:42,687 A series of trade over the long-term 130 00:06:42,943 --> 00:06:44,479 Are you possible 131 00:06:44,735 --> 00:06:47,039 Now I'll go over at that end 132 00:06:47,807 --> 00:06:48,575 Probabilities 133 00:06:49,343 --> 00:06:52,671 Probability video which will be in the psychology section 134 00:06:52,927 --> 00:06:55,743 What's the scores between now we'll just stick to 135 00:06:55,999 --> 00:07:02,143 Why I use R12 to risk-to-reward out of the third and final reason why I use a one or two 136 00:07:02,399 --> 00:07:08,287 To avoid is because it keeps you in the game now what do I mean by this 137 00:07:08,543 --> 00:07:09,311 So 138 00:07:10,847 --> 00:07:11,615 Odyssey 139 00:07:12,127 --> 00:07:16,223 Losing things happens to everyone every trading no matter how good 140 00:07:16,479 --> 00:07:17,503 Sissy for example 141 00:07:17,759 --> 00:07:20,831 You and the losing streak you've lost portrayed in a row 142 00:07:21,087 --> 00:07:24,159 Which do you think will hit CPP 143 00:07:24,671 --> 00:07:30,815 First I wanted to strategy or 103 strategy because when you're in the losing streak your goal is 144 00:07:31,071 --> 00:07:31,839 How to get out of it 145 00:07:32,351 --> 00:07:34,655 Because the longer you want in a losing streak 146 00:07:34,911 --> 00:07:41,055 The more you are not motivated the more your psychology is messed up the more fear you 147 00:07:41,311 --> 00:07:47,455 You have a blowing your account so when you in the losing Street I only thought is we need to get out of this I need my 148 00:07:47,711 --> 00:07:50,527 Directions to start hitting teepee again I need my confidence back 149 00:07:50,783 --> 00:07:51,807 Anna wanted to 150 00:07:52,063 --> 00:07:55,391 Will give you that a 12-2 has a high accuracy 151 00:07:55,647 --> 00:08:00,255 So would have wanted to Yabba faster a better chance of getting out of the losing streak 152 00:08:00,511 --> 00:08:03,071 Rather than a 103 or anything higher 153 00:08:04,351 --> 00:08:06,655 And the reason why you want to get out of a losing streak 154 00:08:06,911 --> 00:08:10,751 Is because you have a high chance of self-sabotaging your account 155 00:08:11,007 --> 00:08:14,079 Now what do I mean by this when you having a losing streak 156 00:08:14,335 --> 00:08:16,127 You start to make irrational 157 00:08:16,383 --> 00:08:22,527 Movie star to rest more easily take trade you wouldn't usually take if your Psychology was good so 158 00:08:22,783 --> 00:08:28,927 That is why I wanted to was get you out of that bad psychology not will not only will he get you out of losing streak 159 00:08:29,183 --> 00:08:31,231 It'll get you out of that bad psychology 160 00:08:31,487 --> 00:08:31,999 Bees 161 00:08:32,255 --> 00:08:36,095 Okay so that was a lock so to summarize what we just went over 162 00:08:36,607 --> 00:08:37,119 So 163 00:08:37,375 --> 00:08:40,959 Is Beneful psychology post confidence using 122 164 00:08:41,215 --> 00:08:46,335 Has a higher chance of teepee being hit with a high chance of TV being hit 165 00:08:46,591 --> 00:08:48,895 You gain more confidence in your Trading 166 00:08:49,919 --> 00:08:56,063 When you gain more confidence you have better trading psychology and when you have any trading psychology you have 167 00:08:56,319 --> 00:08:57,855 Have a higher chance of being profitable 168 00:08:58,879 --> 00:09:01,439 Like I said you have a high rate of being profitable 169 00:09:01,695 --> 00:09:04,255 Add number 3 it keeps you in the game 170 00:09:04,511 --> 00:09:05,279 So 171 00:09:07,583 --> 00:09:08,607 Wanted to 172 00:09:09,375 --> 00:09:15,007 Yeah the fastest chance of getting out of that losing streak which will sabotage your trading account 173 00:09:16,287 --> 00:09:16,799 And 174 00:09:17,311 --> 00:09:21,663 That is basically it's for why I use wanted to risk 175 00:09:21,919 --> 00:09:22,943 To reward 176 00:09:23,199 --> 00:09:25,247 Thank you for watching this video 177 00:09:27,039 --> 00:09:27,551 You think you 178 00:09:27,807 --> 00:09:29,087 Animation more thing 179 00:09:29,343 --> 00:09:29,855 So 180 00:09:30,111 --> 00:09:32,159 Like I said before some people 181 00:09:32,415 --> 00:09:35,999 Some people think that as a traitor we have to cash the whole entire move 182 00:09:36,255 --> 00:09:42,399 No need to cash a section of it we just want to be profitable we don't want to have our Eagle in this 183 00:09:42,655 --> 00:09:44,703 I think I want to catch the whole thing 184 00:09:44,959 --> 00:09:46,239 Only catch the whole movie 185 00:09:47,007 --> 00:09:53,151 I want to think that I'm the elbow know our goal is just to be profitable and and to become profitable and trading 186 00:09:53,407 --> 00:09:55,455 We have to find a system that works 187 00:09:56,223 --> 00:10:02,367 Let me read what I wrote you shouldn't care about catching the whole move as Traders Algos kaspar the move 188 00:10:02,623 --> 00:10:08,767 China also trying to cash them whole move is very unlikely but trying to catch part of the move is very light 189 00:10:09,023 --> 00:10:09,535 Ugly 190 00:10:09,791 --> 00:10:14,143 So I like what I wrote here trying to catch the whole movie is very unlikely 191 00:10:14,399 --> 00:10:17,471 But trying to catch part of the move is very likely 192 00:10:19,519 --> 00:10:24,639 This just goes back to how have they wanted to risk-to-reward you have a better chance 193 00:10:24,895 --> 00:10:25,919 Avicii being hit 194 00:10:26,431 --> 00:10:27,711 And also 195 00:10:27,967 --> 00:10:28,991 We wanted to 196 00:10:29,759 --> 00:10:35,903 Don't you think I see that have like one if I was to work for sure do not have black receipt but they 197 00:10:36,159 --> 00:10:39,487 Les Schwab on social media award 198 00:10:39,999 --> 00:10:41,791 And do stop losses like 199 00:10:42,815 --> 00:10:44,863 Let me show you exactly stop-losses like 200 00:10:45,119 --> 00:10:47,167 Safeway's that Bon Jovi like this 201 00:10:49,983 --> 00:10:52,031 They called The Block 202 00:10:52,287 --> 00:10:53,055 Am I 203 00:10:53,311 --> 00:10:53,823 Stop loss 204 00:10:54,079 --> 00:10:56,127 Was like five pics or something like that 205 00:10:56,639 --> 00:10:57,407 And then 206 00:10:57,919 --> 00:11:04,063 That one lucky traded took actually hit the 125 and they'll go off and show off her look 207 00:11:04,319 --> 00:11:06,367 Why the 15 do not be fooled 208 00:11:06,623 --> 00:11:07,903 Do not be fooled by those 209 00:11:08,671 --> 00:11:10,975 15 years or anything about them 210 00:11:11,743 --> 00:11:15,583 So that's all for today and catch you next video 15368

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