If you are not profitable despite having a high success rate on your trades, there may be some factors that are affecting your profitability. Here are some suggestions:
- Review your risk management strategy: Even if you have a high success rate on your trades, if you are not managing your risks properly, you may still end up losing money. Make sure you have a clear risk management plan in place, including setting stop-loss orders and using position sizing to limit your exposure to any single trade.
- Evaluate your trading psychology: Emotions such as fear, greed, and impatience can cause traders to make irrational decisions that lead to losses. Consider whether your trading psychology may be affecting your profitability and work on developing a disciplined mindset.
- Analyze your trading performance: Take a closer look at your trading history and identify any patterns or trends that may be affecting your profitability. Consider whether there are any specific types of trades or markets that consistently result in losses, and adjust your approach accordingly.
- Seek feedback from others: Consider working with a mentor, joining a trading community, or seeking feedback from other traders to help identify areas for improvement in your trading strategy.
- Keep learning: The markets are always evolving, and staying up-to-date with the latest developments and techniques can help you stay ahead of the curve. Consider continuing your education through online courses, seminars, or other educational resources