Here is the link to the video explaining the best exit strategy in detail: ruclips.net/video/wZb8XJbhY4A/видео.html Playlist for this series: ruclips.net/p/PLpxj0ZlW-DD9EFSM_lDOErUgS178Kez8B
It is amazing how many traders do not understand expectancy (or are even aware of such a measure). This video really does a great job at explaining in simple terms why a high probability of winning has nothing to do with achieving a positive expected value. Option premium sellers take note!
I like the new format james. what is most important is getting your knowledge so i'd be happy with a blank screen as long as i keep learning from you. thanks.
OMG...u r an eye-opener...such a simple mind switch n clears up alot of ambiguity n misconception for the longest of time...tq..cheers mate...*focus on EXIT!
There is merit in what you are saying. My cousin is a billionaire. He trades with lots in excess of $500k per trade. He doesn't speak much about his strategy..but he once said, " it's not about the entry, it's about the exit" ...
I agree that stocks are certainly different. They are designed to go up. Forex is very unique in it's structure and my videos are specialised to forex. However, all markets are mostly random especially in the short term. I have a new video coming out today you might find interesting. I would argue in all markets, money is not made on the entry, but the exit, and so when you close is what matters. I could still make money in stocks with a coin flip entry as long as I time my close appropriately.
@@JamesTilstead Stocks are predictable in the short term. The problem is people teach it in easy to understand way for newbies But its not the best way to learn and predict the these short term moves.
Here is the link to the video explaining the best exit strategy in detail: ruclips.net/video/wZb8XJbhY4A/видео.html
Playlist for this series: ruclips.net/p/PLpxj0ZlW-DD9EFSM_lDOErUgS178Kez8B
Another superb video James. This is a real shift in perspective. Thank you.
It is amazing how many traders do not understand expectancy (or are even aware of such a measure). This video really does a great job at explaining in simple terms why a high probability of winning has nothing to do with achieving a positive expected value. Option premium sellers take note!
I like the new format james. what is most important is getting your knowledge so i'd be happy with a blank screen as long as i keep learning from you. thanks.
OMG...u r an eye-opener...such a simple mind switch n clears up alot of ambiguity n misconception for the longest of time...tq..cheers mate...*focus on EXIT!
You and Nick Shawn would get on. Like the matter of factness!!
Great video!
There is merit in what you are saying. My cousin is a billionaire. He trades with lots in excess of $500k per trade. He doesn't speak much about his strategy..but he once said, " it's not about the entry, it's about the exit" ...
Interesting stuff. Keep it coming. Enjoying it
❤️❤️❤️❤️❤️❤️
Maybe in forex. entries matters in stocks, because they don't always come back up.
I agree that stocks are certainly different. They are designed to go up. Forex is very unique in it's structure and my videos are specialised to forex. However, all markets are mostly random especially in the short term. I have a new video coming out today you might find interesting. I would argue in all markets, money is not made on the entry, but the exit, and so when you close is what matters. I could still make money in stocks with a coin flip entry as long as I time my close appropriately.
@@JamesTilstead Stocks are predictable in the short term. The problem is people teach it in easy to understand way for newbies But its not the best way to learn and predict the these short term moves.
Dude just spent 10 minutes saying 1 thing over and over again
And even though you didn't understand 😅