Post
Topic
Board Trading Discussion
Re: Trading is based on probability.
by
Paycoinzzz
on 24/07/2020, 17:37:58 UTC
A lot of people do not want agree that surviving in the market today requires every trader to come to terms that they are trading on probability and at every moment of the trade there are series of different possible outcomes.

As a trader, the best you can do is find the most likely scenario based on the data you have and understanding the risk involved too.
Choose the best probable outcomes that favors you to avoid stories as rekt.
That is the perspective of the failed traders. those who win will soon lose and there is nothing left. This is not an easy job, it is harder than gambling but if we understand it then we can make a lot of money. It is important that we have a reasonable capital management strategy, to avoid the case of market volatility, we still have a small loss. all are probabilities and only the wise can make a lot of money in this market.