Monday, October 17, 2016

Interesting video related to Trading

At 3:40 he explains exactly how I attempt to approach the markets. Even if you only make money on half of the trades you take, as long as your using proper risk management to let your winners run and to cut your losers fast, then probability will be on your side. If you make 100 trades and every time you lose you only lose $10 and every time you win you make $20, even if you only have a 50% winning ratio, then the chances of you losing money at the end are 1 in 2300! Also funny to see how hesitant the people in the video are to take on any risk at all lol trading is definitely not for everyone