Trading Is A Percentage Game

Trading Is A Percentage Game - Trading Dispatch

Risk Management. The forsaken element of trading any market, particularly the Forex market, especially when greed takes over and you expect to make it in the industry within your first few months.

Remember when you started your Forex trading journey, and you thought it would be a walk in the park? Or maybe that is where you are right now, and you honestly believe that it will come easy. I’m here to let you know that isn’t the truth, though you can make it when you pay attention to risk management!

When I started trading, I was definitely in it for the money and the pleasant life, but the main issue is I wanted to succeed quickly. I was looking at the money and didn’t focus on anything but winning or losing dollars.

But then I lost a bit, and I realized it is more about the percentages than it is about money. It’s about making good trades and progress made over a period of time.

Pros of thinking in percentages as a trader

Now, what does playing the percentages game do for a Forex trader?


1. You can see the bigger picture.

This is because you see the progress over time and you learn to appreciate the growth.


2. You notice the difference between what you’ve risked and what you’ve made.

For a Forex trader, this means that you know when you’ve risked too much. In addition, you understand the numbers and what your equity curve may look like if you continue risking what you’ve been risking.


3. Profitability factor.

When you play the percentages game, you learn what each trade is worth and whether or not you should enter specific traders or not. With this perspective, you also realize the depth of your skillset. If you are able to make 15% each month on a $100 account, you could do the same on a $10,000 account if your psychology and risk management remain aligned.


4. A change in focus.

You are now able to focus more on the charts instead of money. I believe this because you look for quality over quantity in your trading charts, which equals greater profitability in the long run.


So before you think Forex trading is just about making money, learn and focus on making percentage progress because it won’t affect your mindset like money could.

Enjoy the percentages Traders!

Share This Post
Share on facebook
Share on twitter
Share on linkedin
Share on whatsapp
Share on telegram
Share on email

Related Posts

Emmanuel Maphosa

Emmanuel Maphosa

Risk Disclaimer: 

  1. The information provided on this website is not intended as a financial or an investment advice and must not be construed as such.
  2. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
  3. FXCM is licensed by the FCA in the UK and other leading regulatory bodies in other jurisdictions. FXCM Markets is not required to hold any financial services license or authorization in Bermuda to offer its products and services. 70% of retail investor accounts lose money when trading CFDs with this provider.
  4. Plus500 is licenced by the FCA, CySEC, FMA, FSCA, and Seychelles Financial Services Authority. 72% of retail investor accounts lose money when trading CFDs with this provider.
  5. AVATrade is licenced by the Central Bank of Ireland, ASIC, B.V.I Financial Services Commission, FSCA, and ADGM. 71% of retail investor accounts lose money when trading CFDs with this provider.
  6. OANDA Global Markets Ltd is authorised and regulated by the B.V.I Financial Services Commission.
  7. Trading Dispatch may be affiliated with parties included in links.

This website uses cookies for optimal performance. By continuing to use this website you agree to the Privacy Policy