
Risk-Reward Ratio Myths Every Trader Believes
Most traders believe a higher risk-reward ratio guarantees profitability. In reality, this misconception is one of the biggest reasons traders
Before entering a single trade, set up the core elements inside Lincfolio:
Define your trading style (Scalping / Intraday / Swing / Investing)
Add your strategies with clear rules
Set your risk parameters (max loss per day/week, max trades, risk per trade)
Customize dashboards for the markets you trade (Stocks, Forex, Crypto)
Goal of Day 1:
✔ Establish rules → reduce emotional trading
✔ Build clarity → know exactly what you’re allowed to do
Take every trade → log it immediately.
Inside Lincfolio, fill:
Entry + exit
Setup name
Market conditions
Lincfolio score
Mistakes (if any)
Why this matters:
Your journal becomes a mirror.
After 10 trades, you’ll already start seeing behavioral patterns.
Goal of Day 2:
âś” Capture raw, honest data
âś” Build the habit of total accountability
Open the analytics dashboard and study:
Win rate per strategy
Average R:R
Time-of-day profitability
Market condition performance
Emotional bias patterns
This is where most traders have their “aha!” moment.
Goal of Day 3:
âś” Identify which strategies truly work
âś” Stop using setups that consistently fail
Take insights from Day 3 and create a personal trader rulebook inside Lincfolio.
You’ll refine:
Your best setups
Your ideal market conditions
Your optimal trading hours
Your risk boundaries
Your pre-trade checklist
Goal of Day 4:
âś” Strengthen your edge
âś” Remove randomness from your approach
Go back through your losing trades.
Write down:
What went wrong
Which rules you broke
Which emotions triggered mistakes
How this loss could be prevented next time
This step alone can save thousands in future losses.
Goal of Day 5:
âś” Convert losses into lessons
âś” Break repetitive bad habits
Use Lincfolio’s weekly review template to answer:
What went well?
What went wrong?
What will I improve next week?
Which setups are being added/removed?
What is my focus for the next 7 days?
This summary becomes your professional trader blueprint.
Goal of Day 6:
âś” Build long-term consistency
✔ Turn data → into actionable improvements
Now refine your plan:
Adjust your risk
Filter out losing setups
Focus only on your high-probability trades
Set performance targets
Plan your routine for next week
Think of this day as “upgrading yourself.”
Goal of Day 7:
âś” Enter the new week with clarity
âś” Become a systematically improved version of yourself
If you follow this plan honestly, you will:
âś” Know your best & worst strategies
âś” Trade with more confidence
âś” Reduce emotional and impulsive decisions
âś” Improve your risk management
âś” Feel more professional and organized
âś” Start seeing measurable performance growth
Lincfolio isn’t just a trading journal — it’s your personal trading coach.
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