Certainty Is an Illusion
I like this article, i do all my risks on percentages on high risk i'm looking to use small money but get a large return but also looking to get out with a small loss quickly.
Medium risk i'l use a larger stake and try and make a good return but again i'l look to get out with a bit higher loss than high risk.
If you get your percentages right on risk reward you have cracked trading.
Medium risk i'l use a larger stake and try and make a good return but again i'l look to get out with a bit higher loss than high risk.
If you get your percentages right on risk reward you have cracked trading.
Risk is one of the things that stop a lot of people making money trading, but I learnt it was the think that would make me money.
Even if I'm an idiot I will get +ve trades, so I need to maximise them and minimise the mistakes or failed trades. I've managed to get better and better at this so my returns seem outsized now from the risk I take.
Even if I'm an idiot I will get +ve trades, so I need to maximise them and minimise the mistakes or failed trades. I've managed to get better and better at this so my returns seem outsized now from the risk I take.
If a trader/gambler develops an edge, & that is proven over thousands of markets then surely the certainty that he will win is more than illusionary, its certain. Certainly not impossible. Just as a gaming machine or casino operator is certain to win, because they too have an edge, they are not taking a risk - more certain than illusion!
Many things in life are more certain than illusion.
Many things in life are more certain than illusion.