Stochastik tells me the future in odds.
We fucking smart guys only think in %.
Percentage, odds, chance, probabilities......................
STATISTICS
:eek: :eek: :eek:
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Why do 5% of Traders Win?
- Thread starter oldtime
- Start date
Stochastik tells me the future in odds.
We fucking smart guys only think in %.
Percentage, odds, chance, probabilities......................
STATISTICS
:eek: :eek: :eek:
your English is getting pretty good. I should learn a foriegn language. How do you say "fuck" in German. At least that would be a start for me.Quote from HATEtheRisk:
Stochastik tells me the future in odds.
We fucking smart guys only think in %.
Percentage, odds, chance, probabilities......................
STATISTICS
:eek: :eek: :eek:
Quote from Wide Tailz:
How can you trade the oddz when you don't know the future?
You don't have to know the future to make money , you don't know how long the trend will go , when trend will fail.
At entry you may get a gut feeling or feel for the odds in your favour, but you certainly don't know how near or far it will go.
Over the course of time the same high probability set ups may give you the profits.There is random distribution of profits and losses.If you trade a good proven system , it will work , but not neccesirily when you expect.
sometimes you have to give up on it and throw in the towel and take your loss at the depth of drawdown to get it to start working againQuote from oilfxpro:
You don't have to know the future to make money , you don't know how long the trend will go , when trend will fail.
At entry you may get a gut feeling or feel for the odds in your favour, but you certainly don't know how near or far it will go.
Over the course of time the same high probability set ups may give you the profits.There is random distribution of profits and losses.If you trade a good proven system , it will work , but not neccesirily when you expect.
Quote from oldtime:
sometimes you have to give up on it and throw in the towel and take your loss at the depth of drawdown to get it to start working again
The difference between losers and winners is :
losers run one system or one or two set ups and systems.
winners run multiple systems and set ups.
So if one or few systems/set ups don't work ,it don't matter .....as long as others make money.
Their drawers are coming off faster than a whore's , and they are willing to change sides and join the winning side faster than a whore's drawers can come off.
Whores don't ged drawdowns ,they give them.
Ged It .
5% got lucky.
yeah, or you can just spread, that way something will probably always be winningQuote from oilfxpro:
The difference between losers and winners is :
losers run one system or one or two set ups and systems.
winners run multiple systems and set ups.
So if one or few systems/set ups don't work ,it don't matter .....as long as others make money.
Their drawers are coming off faster than a whore's , and they are willing to change sides and join the winning side faster than a whore's drawers can come off.
Whores don't ged drawdowns ,they give them.
Ged It .
although I've seen both sides go wrong, man is that a sad sight