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Search: Posts Made By: trendisyourfriend
Forum: Psychology and Money Management February 11th, 2015, 01:02 PM
Replies: 98
Views: 33,807
Posted By trendisyourfriend
You can find an edge by exploiting the mistakes...

You can find an edge by exploiting the mistakes of other traders and by keeping your risk under tight control.

Ask yourself constantly, Who just got screwed? Who just made a mistake? And realize...
Forum: Psychology and Money Management February 9th, 2015, 07:13 PM
Replies: 98
Views: 33,807
Posted By trendisyourfriend
If you place a stop loss at 10 ticks and your...

If you place a stop loss at 10 ticks and your target at 10 ticks away from your entry then you have 50% chance to see your target or stop loss beeing hit. But if you place a stop loss at 10 ticks...
Forum: Psychology and Money Management February 9th, 2015, 05:03 PM
Replies: 98
Views: 33,807
Posted By trendisyourfriend
Because of the trade expectancy is = 0. You can...

Because of the trade expectancy is = 0. You can only make money if there is a market bias and you manage to decipher it. The risk reward has nothing to do with that aspect.
Forum: Psychology and Money Management April 29th, 2013, 08:05 PM
Replies: 98
Views: 33,807
Posted By trendisyourfriend
How do you differentiate between a stroke of good...

How do you differentiate between a stroke of good luck and an edge? At what point can you say 'I trade with an edge'?
Forum: Psychology and Money Management April 29th, 2013, 07:49 PM
Replies: 98
Views: 33,807
Posted By trendisyourfriend
Is there any difference between the expectancy...

Is there any difference between the expectancy and the edge? Or can both these terms be used interchangeably?
Showing results 1 to 5 of 5

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

 


 
 


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