Disliked{quote} Trading isn't about being right or wrong. Its about controlling risk. If the probabilities stack in your favour go for it, and if that works repeat it. I don't care if i'm right or wrong as long as i know my edge ide is positive. Steps for developing expectancy 1. Calculate your win and loss ratio 2. Calculate your reward to risk ratio 3. Combine those two ratios into an expectancy ratio http://www.learningmarkets.com/deter...-your-trading/...Ignored
- Post #3,941
- Quote
- Feb 16, 2015 7:46am Feb 16, 2015 7:46am
- Joined Aug 2007 | Status: Newbie | 1,332 Posts
- Post #3,942
- Quote
- Feb 16, 2015 10:36am Feb 16, 2015 10:36am
- Joined Feb 2012 | Status: On a Pip Diet | 1,806 Posts
To live a successful life, we must lose our fear of being wrong
- Post #3,943
- Quote
- Feb 16, 2015 10:48am Feb 16, 2015 10:48am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,944
- Quote
- Feb 16, 2015 10:49am Feb 16, 2015 10:49am
- Joined Feb 2012 | Status: On a Pip Diet | 1,806 Posts
To live a successful life, we must lose our fear of being wrong
- Post #3,945
- Quote
- Feb 16, 2015 10:55am Feb 16, 2015 10:55am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,946
- Quote
- Feb 16, 2015 11:02am Feb 16, 2015 11:02am
- Joined Feb 2012 | Status: On a Pip Diet | 1,806 Posts
To live a successful life, we must lose our fear of being wrong
- Post #3,947
- Quote
- Feb 16, 2015 11:26am Feb 16, 2015 11:26am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,948
- Quote
- Feb 16, 2015 11:29am Feb 16, 2015 11:29am
- Joined Apr 2014 | Status: Scalper / Swing Trader | 1,415 Posts
- Post #3,950
- Quote
- Feb 16, 2015 11:40am Feb 16, 2015 11:40am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,951
- Quote
- Feb 16, 2015 11:57am Feb 16, 2015 11:57am
- Joined Apr 2014 | Status: Scalper / Swing Trader | 1,415 Posts
- Post #3,952
- Quote
- Feb 16, 2015 11:59am Feb 16, 2015 11:59am
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,954
- Quote
- Feb 16, 2015 12:04pm Feb 16, 2015 12:04pm
- Joined Apr 2014 | Status: Scalper / Swing Trader | 1,415 Posts
- Post #3,956
- Quote
- Feb 16, 2015 12:09pm Feb 16, 2015 12:09pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,958
- Quote
- Feb 16, 2015 12:19pm Feb 16, 2015 12:19pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,959
- Quote
- Feb 16, 2015 12:47pm Feb 16, 2015 12:47pm
- Joined Jul 2009 | Status: Winter is coming. Ask Kondratieff. | 8,196 Posts
"I know one thing, that I know nothing." Sokrates
- Post #3,960
- Quote
- Feb 16, 2015 12:50pm Feb 16, 2015 12:50pm
- Joined May 2011 | Status: [Forex]X-Ray | 4,835 Posts