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Benefits of Trading & Thinking in Probabilities 👊

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High probability trading : take the steps to become a successful trader. http://www.financial-spread-betting.com/course/technical-analysis.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE Putting the trading probabilities in your favour. The benefits of thinking in terms of probabilities. Thinking in terms of probabilities in trading is a very powerful and useful thing. A strategy could say, have a 60% chance of success and the risk:reward ratio is X. i.e. recognising this is a probabilities game and accepting that you will experience losers at times. Let's see how and why we should think in probabilities -:

Do You Truly Know What It Means To Think In Probabilities?
1) Building a trading edge - adding layers of edge to the trade. For instance we know that trading with the trend is better and getting on board a pullback is even better.
2) Being more realistic - less weight to a negative event. If you experience a losing trade, just think of it as a probability game.
3) Being less emotional - less concerned about losing trades.
4) Being less attached to any one trade - less likely to violate a stop loss.
5) Focusing on the process - pull trigger easily. Don't get over-emotional on any one trade.
6) Following your trading strategy - accepting of losers
7) Keeping open minded - happy to pause and investigate other strategies.

Always think in probabilities!

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8 июня 2018 г. 17:56:13
00:07:12
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