Thanks for thr suggested points but I believe not all will employ this set of parameters. Trading is like an art, we have different skills that can apply to those charting and technique. I agree with mk4, not all successful trader follows the set standard. But is there a standard one to begin with? I am also doing trading but Ive been doing minor on your suggestion like set profit on a particular ratio. Nah! I havr my own scaling when doing trading.
They are all kind reminders, and there are no standards. For everyone, there are individual differences. As a novice, preparing for some recent tuition is the first thing to do, unless you are an anti-human genius. Few people can achieve the same heart and hand movements. If you do, you are not human. Haha, I can share a bunch of failed experiences with you. In the Bitcoin trading market, the Pareto rule and the negative sum game have told us that most of them are losses. This is inevitable, human nature is like this, there is no escape.