sage advice. Again we can and should have opinions i.e.
what scenarios we favor but our trading plan should account for
adaptation. Also, a winning trader over time doesn't make his money
by being right all the time, in fact he's usually wrong 60% of the
time, it's more about placing trades where your risk/reward is good
i.e. you are wrong you lose a tiny but, and make more on your
winners
Been trading 45 years. Truer
Gap fills, timing, and trading..(an excerpt from my trading journal ...
Posted by racerick on 16th of Dec 2022 at 08:50 am
Been trading 45 years. Truer words never been spoken "One thing I always have to be mindful of is being married to my desired outcome".
sage advice. Again we can
Posted by matt on 16th of Dec 2022 at 09:04 am
sage advice. Again we can and should have opinions i.e. what scenarios we favor but our trading plan should account for adaptation. Also, a winning trader over time doesn't make his money by being right all the time, in fact he's usually wrong 60% of the time, it's more about placing trades where your risk/reward is good i.e. you are wrong you lose a tiny but, and make more on your winners
Amen
Posted by watcdy on 16th of Dec 2022 at 09:03 am
Amen