How Understanding Probability Is IMPORTANT For Trading! (With Examples)🎲

In this video, I discuss the importance of probability and understanding sample sizes, when it comes to being a trader!😁

I also answer questions such as..
Why is probability important in trading?
How do sample sizes affect winning percentages?
How often do traders encounter losing streaks?
..and more!

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TIMESTAMPS:
0:00 Intro!
0:21 Probability In The Real World
1:53 Probability In Trading With Example
3:25 Sample Sizes
6:49 Previous Trading Example Expanded
11:03 Probability Of Consecutive Losses Chart
13:47 Outro!

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DISCLAIMER: This video is not financial advice, it’s for educational and entertainment purposes only. The information provided is simply based on my own personal opinion or knowledge. I’m not a licensed financial advisor so be sure to speak with your own financial advisor, and to do your own research. Any links provided help support the channel, where I may receive a commission at no additional cost to you. Also, trading or investing carries a large amount of risks with the real potential of losses. Past performances due not guarantee future results. Be careful.⚠️

Видео How Understanding Probability Is IMPORTANT For Trading! (With Examples)🎲 канала Matt FXS