unless you are prepared to take a loss, you can never make money.in fact if you are preapred to make losses you make even more money.......this is something many risk averse traders and people do not understand: i have made more money with a 55% win rate than i have made with a 90% win rate.
this is because if i am risk averse, i wait for a perfect entry and there are not many of those: so i let go a lot of entries which were not perfect but would have made money anyway .
au contraire, i have seen that perfect entries, 'obvious trades' turn out 85% [ a rough estimate ] of the time to be traps and it is extremely lucrative to fade those perfect entries, which most experienced traders invariably do