I am a new member, I just made this account precisely to post here.

I have been following this thread and reading from the beginning, and trying to understand what Davit is trying to explain the concept of probability, which no trading system discusses or gives any consideration to, at least from what I seen. Davit maybe the first to try and apply it to trading to create an edge for him and his students and we must appreciate that he shared this with us. So thank you Davit. I have been studying Davit's method and I came to some conclusions to what he is advising. I also see some traders not getting it and bashing this thread.

I am still learning about probability, and how it relates to trading. I have been studying this thread as I said and would like to hear from Davit and other fellow traders about my conclusions, I hope I finally started to think like what Davit is actually advising.

I like the 2nd and 4th rules which are "

Now the 4th rule and probability in general is the key to successful trading, a higher probability of something over another means let's suppose at 60R there is a 55% chance price will revert and at 70R price has a 60% chance it will revert and at 100R probability will rise to to 73% chance of reversal, we are not sure if it will happen and price will actually reverse or hit our stops but now we have a higher probability of something happening over another, so playing this scenario over on a large number of trades (Ex: 100 trades) our edge will play out. even on a 51% chance something happening over another, in the end we will come out with a profit.

And if we take rule number 3 "

I hope to hear from Davit about how now I see trading and would like to know if my conclusions are actually correct and aligned with Davit's philosophy and way of trading.

Thank you for your time.

I have been following this thread and reading from the beginning, and trying to understand what Davit is trying to explain the concept of probability, which no trading system discusses or gives any consideration to, at least from what I seen. Davit maybe the first to try and apply it to trading to create an edge for him and his students and we must appreciate that he shared this with us. So thank you Davit. I have been studying Davit's method and I came to some conclusions to what he is advising. I also see some traders not getting it and bashing this thread.

I am still learning about probability, and how it relates to trading. I have been studying this thread as I said and would like to hear from Davit and other fellow traders about my conclusions, I hope I finally started to think like what Davit is actually advising.

I like the 2nd and 4th rules which are "

*" and "***You dont need to know what is going to happen next in order to make money.****An edge is nothing more than an indication of a higher probability of one thing happening***" which is exactly what most traders don't apply in their trading. I got to admit I was one of them until I found this thread and started to really try and get my head around these two concepts. Most traders try and "forecast" or "predict" what will happen or where will the price go which isn't a winning strategy in my opinion because simply none knows what will happen, so I think all these forecasting methods (ex: Elliott Wave..etc) are a waste of time.***over another.**Now the 4th rule and probability in general is the key to successful trading, a higher probability of something over another means let's suppose at 60R there is a 55% chance price will revert and at 70R price has a 60% chance it will revert and at 100R probability will rise to to 73% chance of reversal, we are not sure if it will happen and price will actually reverse or hit our stops but now we have a higher probability of something happening over another, so playing this scenario over on a large number of trades (Ex: 100 trades) our edge will play out. even on a 51% chance something happening over another, in the end we will come out with a profit.

And if we take rule number 3 "

**There is a random distribution between wins and losses for any given set of variables that***." which means we can lose 4, 5 even 6 trades in a row but we over the longer term have the edge, losers and winners arrangement over a large sample of trades isn't important, it is like saying 1-1+3=3 or -1+1+3=3. Same end result, but different distribution of winners and losers.***define an edge**I hope to hear from Davit about how now I see trading and would like to know if my conclusions are actually correct and aligned with Davit's philosophy and way of trading.

Thank you for your time.

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