【Forward】About Win Rate and Profit-Loss Ratio:

Because many people haven't thought through this issue clearly, they end up with unclear plans during trading, indecisive stances, unclear goals, and ultimately make small losses in chaos.

Win rate and profit-loss ratio, generally speaking, you can only choose one.

If you pursue a high win rate, you need quick wins, fast battles, and no attachment to prolonged fights; once the goal is achieved, you should exit.
For example, with a profit space of 5000 points, if you only aim for 2000 points, quickly cut the head and tail, close the position, and wait for new trading opportunities the next day. The large profits brought by big fluctuations are achieved through staged exits and floating profits, using residual positions to gamble; if there are none, it's also okay.
However, a high win rate not only risks missing major market moves but also involves expanding the set stop-loss distance, which means choosing to hold through necessary moments. You need to discern these moments yourself.
Therefore, the cost behind a high win rate must be understood from the start. This is also the importance of planning: knowing what you want, how to do it, the risks you can bear, and the strong psychological resilience to miss out on market opportunities.

Conversely, high profit-loss ratios usually do not have a high win rate (but this is not absolute). They are fundamentally different from high win rate approaches. Achieving a high profit-loss ratio involves low frequency, trend-following, and large space.
Everything has pros and cons. Trends do not always exist, which leads traders pursuing high profit-loss ratios to often give back profits or turn profitable positions into losses. If you have loss aversion psychology, sorry, you can't do it.
High profit-loss ratios are usually accompanied by low win rates because pursuing large space and major trends often results in profit returns. People with weaker psychological resilience find it hard to accept this, and before catching a trend, there may be multiple trial-and-error attempts. Many fall into darkness before dawn, due to emotional breakdowns or poor position management.
Therefore, to be a qualified trend trader, patience is the first requirement.

I believe most people haven't thought about this issue.
A profitable order exits in chaos and enters again in chaos—this is the routine operation for most.

After making a profit and exiting, then feeling they've exited too early, they re-enter, only to lose money. Why? Because the second entry is often not part of their trading plan; it's just a frantic entry.
In the end, they stay up all night, their bodies collapse, and the money is gone.

Or, after multiple profits, they don’t exit, hold to break even, and their long-term plan causes mental breakdowns due to profit retracement. Eventually, they choose to heavily leverage short-term trades, or when a true trend arrives, they fear profits will be retraced again, and decide to exit early for a short-term trade, waiting for a second opportunity—only to miss the big move due to small losses, and then cry.

Why? Because most people haven't thought about this issue, or they have discipline and plans but do not strictly follow through.