August 29, 2026
Checklists for the next trade
Risk-Reward > Win Rate. Are you surprised? Let me prove it.
Always, Risk-reward should be defined. When your strategy works, it should give you a 1:1.5 or 1:2 risk-reward. Means if you lose 5 trades and win 5 trades in your last 10 trades, you are still profitable. Trading is a risk-reward game.
For example, you are risking 7$ against 14 dollar profit. It could be 700$ risk against 1400$ profit; we are using this just for example and calculation purposes; the amount could be different for you.
So, in 10 trades
Reward = 5 * 14 = 70
Risk = 5 * 7 = 35
...................................
Profit = +35$
Even a 50% win rate will make you profitable. There are some other reasons too behind being unprofitable, such as big size, overtrading, fear and many more. Many people want to be rich over time, but it's a business. Don't chase being rich in one day or month. Slowly, you can achieve your goal; just focus on risk-reward.
In 20 trades, there is 1 possible price that won't come back again for a long time; at that time, you will lose all your money. If the price comes, that also means you lose good opportunities. So there is no reason not to use a stop-loss. And number #1 reason for unprofitability. It's hard if any trade goes against your plan. If it goes against just 20$ ( 3 * 7 = 21 ), you could do 3 trades with that money with 7$ risk.
You focus on winning every trade. You think that if you win more, you will be profitable. But even though you have more than an 80% win rate, you are still not profitable. Do you know that 20% of your good trades can build your 80% profits? When you enter a position, you should have a defined risk-reward rule. Do not cut early; let the profitable trade run. Let's say you can risk 10 dollars for a profit of around 25 dollars. Your risk-reward is 1:2.5. In your 7 trades, if you lose 5 trades and win only 2 trades, you still are not losing money.
So learn a trading setup like price action fully and mark weekly or monthly bias to identify your risk-reward. You have to be clear and spot your zone; draw it on the chart before entering. We are emphasis to be clear on your position, not opening blindly.
First, identify the weekly and monthly trend. Once you are clear about your direction, then identify which area you think most traders are waiting for, what's the best possible area traders may go long/short positions, and draw support, resistance, or trendline. Wait for the price to come to that zone. And finally, calculate your risk-reward depending on this area.
Once price comes there, do not immediately open a position; observe how price is reacting there. If you think traders are coming with you, execute it.
Recommendation to you:
Every profitable trader focuses on the risk-reward formula to grow their account. Your strategy could make 1:1 or 1:2 risk-reward ratio.
1. Take 10 trades, followed by applying risk-reward ratio and show the output.
2. Don't take more than 2/3 trades per session(Asia/US/London). It could be London session is not profitable for you.
3. Try only the Asia and US sessions. It could be that you are profitable only in the US session.
Analyze those 10 trades. If you think you are still not confident about opening a position, we recommend learning Price Action.
Most people just trade blindly; they have no clear goal. They just click on the button; they don't analyze. You have to journal your trades. If you trade gold or bitcoin, stick to that. Do not trade multiple things. Master only 1 or 2 pairs (Ex: Gold, Bitcoin). Write down every detail: which day you are trading, which pair you are trading, entry and exit price, etc. And observe why you are losing money and what is most profitable for you. You can try TradePilotPlus for free. And analyze your last 10 trades without paying 0 fees.
Are you still unclear about what to learn? So that your entry is perfect allign with the 2/3 strategy mix for extra confirmation, we recommend starting with the first free course from our Academy without paying 0 fees, before making it paid. We do not discuss extra things that are not important or ordinary textbook chapters. We discussed methods that professional, profitable traders apply to enter a position. We have only 4 masterclasses, worth 1 week of training to make you profitable. Happy trading!
Always, Risk-reward should be defined. When your strategy works, it should give you a 1:1.5 or 1:2 risk-reward. Means if you lose 5 trades and win 5 trades in your last 10 trades, you are still profitable. Trading is a risk-reward game.
For example, you are risking 7$ against 14 dollar profit. It could be 700$ risk against 1400$ profit; we are using this just for example and calculation purposes; the amount could be different for you.
So, in 10 trades
Reward = 5 * 14 = 70
Risk = 5 * 7 = 35
...................................
Profit = +35$
Even a 50% win rate will make you profitable. There are some other reasons too behind being unprofitable, such as big size, overtrading, fear and many more. Many people want to be rich over time, but it's a business. Don't chase being rich in one day or month. Slowly, you can achieve your goal; just focus on risk-reward.
In 20 trades, there is 1 possible price that won't come back again for a long time; at that time, you will lose all your money. If the price comes, that also means you lose good opportunities. So there is no reason not to use a stop-loss. And number #1 reason for unprofitability. It's hard if any trade goes against your plan. If it goes against just 20$ ( 3 * 7 = 21 ), you could do 3 trades with that money with 7$ risk.
You focus on winning every trade. You think that if you win more, you will be profitable. But even though you have more than an 80% win rate, you are still not profitable. Do you know that 20% of your good trades can build your 80% profits? When you enter a position, you should have a defined risk-reward rule. Do not cut early; let the profitable trade run. Let's say you can risk 10 dollars for a profit of around 25 dollars. Your risk-reward is 1:2.5. In your 7 trades, if you lose 5 trades and win only 2 trades, you still are not losing money.
So learn a trading setup like price action fully and mark weekly or monthly bias to identify your risk-reward. You have to be clear and spot your zone; draw it on the chart before entering. We are emphasis to be clear on your position, not opening blindly.
First, identify the weekly and monthly trend. Once you are clear about your direction, then identify which area you think most traders are waiting for, what's the best possible area traders may go long/short positions, and draw support, resistance, or trendline. Wait for the price to come to that zone. And finally, calculate your risk-reward depending on this area.
Once price comes there, do not immediately open a position; observe how price is reacting there. If you think traders are coming with you, execute it.
Recommendation to you:
Every profitable trader focuses on the risk-reward formula to grow their account. Your strategy could make 1:1 or 1:2 risk-reward ratio.
1. Take 10 trades, followed by applying risk-reward ratio and show the output.
2. Don't take more than 2/3 trades per session(Asia/US/London). It could be London session is not profitable for you.
3. Try only the Asia and US sessions. It could be that you are profitable only in the US session.
Analyze those 10 trades. If you think you are still not confident about opening a position, we recommend learning Price Action.
Most people just trade blindly; they have no clear goal. They just click on the button; they don't analyze. You have to journal your trades. If you trade gold or bitcoin, stick to that. Do not trade multiple things. Master only 1 or 2 pairs (Ex: Gold, Bitcoin). Write down every detail: which day you are trading, which pair you are trading, entry and exit price, etc. And observe why you are losing money and what is most profitable for you. You can try TradePilotPlus for free. And analyze your last 10 trades without paying 0 fees.
Are you still unclear about what to learn? So that your entry is perfect allign with the 2/3 strategy mix for extra confirmation, we recommend starting with the first free course from our Academy without paying 0 fees, before making it paid. We do not discuss extra things that are not important or ordinary textbook chapters. We discussed methods that professional, profitable traders apply to enter a position. We have only 4 masterclasses, worth 1 week of training to make you profitable. Happy trading!