The urge for instant profits and instant success is another common mistake that continues to plunge many investors into failure. Investing is not a get rich quick scheme. Instead, it is all about taking calculated risks and respecting the process of building profits slowly.
Couldn't have said it better myself. Having a good system is vital. Then when traders trade they just need to focus on operating it. Takes away the emotions and planning for Reward and risk is built into the system.
Why is it easier to lose than win? If it’s 50/50 chance you’re right or wrong then why do most traders lose more than win? Where is the probability in that ? Please explain .
It is at the beginning like this, but with the application it will not become like this... Rather, it is less than 49% profit and 51% loss if we include, for example, the costs of brockers such as Spread and Fees... and the percentage will increase if the trader is a beginner... such as psychology, the account is small, and the use of leverage is excessive.But the professional trader intends to turn these probability that I mentioned in his favor, as shown in the video
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The urge for instant profits and instant success is another common mistake that continues to plunge many investors into failure. Investing is not a get rich quick scheme. Instead, it is all about taking calculated risks and respecting the process of building profits slowly.
Couldn't have said it better myself. Having a good system is vital. Then when traders trade they just need to focus on operating it. Takes away the emotions and planning for Reward and risk is built into the system.
Why is it easier to lose than win? If it’s 50/50 chance you’re right or wrong then why do most traders lose more than win? Where is the probability in that ? Please explain .
because they do stupid shit
It is at the beginning like this, but with the application it will not become like this... Rather, it is less than 49% profit and 51% loss if we include, for example, the costs of brockers such as Spread and Fees... and the percentage will increase if the trader is a beginner... such as psychology, the account is small, and the use of leverage is excessive.But the professional trader intends to turn these probability that I mentioned in his favor, as shown in the video
You've asked this on numerous other videos
Thanks for a great video
Thanks for watching Russell
Very helpfull
Many thanks devesh
Very much helpful!
thx .....
Sheers. Gotta see the patterns and when you do probability becomes apparent. Thanks.
Magnificent!
I appreciate your comment immensely.
My pleasure 🙏🙏
Thank you for this