Along the thread I will guide a bunch of questions. Please, DO NOT be toxic. Otherwise, quit. This is a thread for dumb brainstorm looser people. Not for pros.
If you do not make money in the market, you are a looser like me for now and we must know it to take the next step.
So the first questions I would like to discuss is:
1. Inverting a loosing strategy does make a winning one?
2. If there was no spread. Inverting a loosing strategy would make a winning one?
Imagine you like to bet on soccer. There's always 2 teams. There is no 0x0. There will always have a winning team even if it takes thousands of penalties at the end.
Imagine you have a friend that always make a bet but he has a hit rate of 30%. It means that most of the time he's losing.
Would you bet against him?
Every looser is $1 and every winner is $1.
Would you bet against him?
Soon I'll give my opinion - wich will ALWAYS have some possibility of being wrong.
Along the thread I will guide a bunch of questions. Please, DO NOT be toxic. Otherwise, quit. This is a thread for dumb brainstorm looser people. Not for pros. If you do not make money in the market, you are a looser like me for now and we must know it to take the next step. So the first questions I would like to discuss is: 1. Inverting a loosing strategy does make a winning one? 2. If there was no spread. Inverting a loosing strategy would make a winning one? Imagine you like to bet on soccer. There's always 2 teams. There is no 0x0. There will...
Ignored
I will answer your questions, because I had the same when I was more unexperienced trader and want to help.
1. There are winning strategies and you can create one two, just by taking the right side of the trade.
2. You have to count your spread x2 times, so don't bet on it. I had worst losses creating the opposite of a strategy.
In the market you are always playing against other traders, of-course there will be lossers who buy very high and sell too low and if you are going to make it in this job you should do what others don't and the most retail traders are lossers, so yes you are going to make money, if you always bet the opposite of your losing friend.
