Sunday, September 6, 2020

90% of traders lose money... So how to be in the top 10%? - 9:51 am - 9:56 am

 90% of traders lose money... So how to be in the top 10%?

 Here is the link. 

90% of traders lose money... http://www.financial-spread-betting.c... So how to be in the top 10%? Francis Hunt a technical analysis trader and coach comments. What are the bad habits to avoid? What are some trading mistakes to avoid? Is trading forex, indices and commodities a giant casino? Decide on a strategy that looks after all elements of money management. You've got to manage losses and you need to have a system that will make more money than it loses. Patterns are probably the most important technical analysis tool for me. If you've found this video useful, please click the like button and share it with your friends and remember to SUBSCRIBE to remain up-to-date!

My learning notes: 9:45 AM - 9:50 AM


Become 9% to win - not easy - a lot of intelligent people in 91%
system -
a back box system -
observe charts
trading mistakes - trade sizing - take a loss too big
recovery ladder - mental cognitive dissonance
trade big again -
possible
leverage back in -
single most destructive
money management - size of trade
win rates - likely of wining
underline market - consistent basis - hypothesis
reactions - an edge to be taken


No comments:

Post a Comment