#Crypto
Cryptocurrency investments are extremely high risk and may result in the loss of all your capital. If you don’t fully understand what you’re doing, don’t touch anything. This is not entertainment—take this as a serious warning. Nothing I say is financial advice.
Define gambling.
If I have $100,000 in my bank and I purchase a 50k account for $250 and I FULL PORT IT (On a good setup)
Have I gambled or have I simply risked 0.25% risk of my net worth on a trade?
Because for some reason, these clowns think because you risk less than 1% its automatically not gambling.
People fail to realise that risking more on a good setup is not gambling.
YouTubers be like “wake up at 4am and run, that’s alpha!” No, it’s not. Look at apex predators; they’re all lazy. Bears hibernate, lions sleep all day. You know who wakes up at 4am and runs? Squirrels.
I think risk-reward ratio is relative. 1:1 works for shallow pullbacks, while deep pullbacks like wedge breakouts deserve 1:2 or 1:3, otherwise such trades are not worthwhile.
I met a trader in Dubai who was doing $80k/month in prop firm payouts.
He showed me his stats.
71% win rate.
Average RR: 0.8R to 1.2R.
I asked him why such low risk-reward.
'Bro, I tried the 1:3RR+ thing for 2 years. Blew 40+ accounts. My win rate was 25%. I'd have 8-10 losing trades in a row and couldn't handle it mentally.'
'Then I switched to taking quick profits. 1:1 mostly. Sometimes less if price shows weakness.'
'My win rate jumped to 70%+.'
He was running $2.8M in combined funding across 8 accounts.
Some months he'd make 1%. Some months 5%.
But he was consistent.
And the psychology was easier.
Winning 7 out of 10 trades feels completely different than winning 3 out of 10.
Even if the math says they're equal.
Your brain doesn't care about math during a 12-trade losing streak.
He told me:
'I don't need to be right about where price is going long-term. I just need to be right about the next 10-15 pips. That's it.'
Most traders are chasing these huge runners because someone on YouTube told them that's what 'real traders' do.
Meanwhile this guy is taking home $80k/month with 0.8-1.2R trades.
You don't need massive risk-reward to make serious money.
You need capital + consistency + a win rate you can actually maintain.
Low RR with high win rate will always beat high RR with low win rate when it comes to prop firm payouts.
How do you define what's useful or not? The meaning of life is never just about making money. When you indulge in something you love, let go of everything else and just enjoy it to the fullest.
how do you guys enjoy stuff like games/anime/movies/books without having insane anxiety about how you're not doing something useful? everytime i try i get really stressed out
For me now, 2,000 US dollars is enough to form the first bucket of gold, allowing me to truly trade with my own money instead of always relying on prop firms. I need this 2,000 US dollars as a startup project, just in case I lose my job someday in the future.