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Every now and then during a rough patch I think to myself, a blind monkey throwing darts could trade better than me On paper trading seems like a pretty simple equation the market can either go up or it can go down. Set a 50 point profit target along with a 50 point stop and […]
How To Think Like A Winning Trader
Every now and then during a rough patch I think to myself, a blind monkey throwing darts could trade better than me On paper trading seems like a pretty simple equation the market can either go up or it can go down. Set a 50 point profit target along with a 50 point stop and over an infinite sample you'd be even Steven.Yet if we examine traditionally accepted failure rates among traders it's clear that the majority of traders lose more money than mere chance should statistically allow. Is it truly possible that traders as a clas....
