Hope Sucks.How do i help this!

Questions
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  1. Risk management.

Just by applying simple risk management structures to your trading, blowing an account is next to impossible.

  1. Educate yourself.

You’re obviously new to the game and need knowledge, experience, understanding of what the market is, what it does and how you can exploit that.

  1. Don’t take advice from too many people since most of them are losing just as much if not even more than you.
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Apply the scientific method:

Observe:

Identify patterns.

Question:

Formulate a question based on your observations.

Example: Does the crossover of a 50-day moving average above a 200-day moving average reliably indicate a bullish trend?

Hypothesis:

Develop a testable hypothesis to answer your question.

Example: “If the 50-day moving average crosses above the 200-day moving average, then the stock price will rise over the next 30 days.”

Experiment:

Test the hypothesis using historical data (backtesting) and define your parameters (e.g., entry and exit conditions, stop loss, and take profit levels).

Ensure a sufficient sample size (minimum 1000 trades).

Data analysis:

Evaluate the backtest results (win rate, risk to reward ratio, drawdown, overall profitability); you could use statistics for this part.

Example: “The hypothesis showed a 60% win rate with an average 2:1 risk-reward ratio over a 10-year dataset.”

Then refine, implement, and iterate forever. ezpz.

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Finding two lucky people with whom I can share Bloomberg terminal with. Reach me out on

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