Trade small and trade often

Can your portfolio handle a loosing streak of 4, or more trades? Every trader will experience that a few trades goes bad. Of course it doesn’t happen to you, but would your portfolio survive? Or would you be nearly broke if 4 trades went south. That is why a trader should always trade small. It costs a long time to recover […]

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What is the Probability of Profit

Probability is the chance that something will happen – how likely it is that some event will happen. Sometimes you can measure a probability with a number like “10% chance of rain”, or you can use words such as impossible, unlikely, possible, even chance, likely and certain. When a probability trader is to set up a trade, he will sell […]

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