Reading Can A Trading Strategy With A 50% Win Rate Become Successful
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| Description | As everyone else in trading knows, failures are a area of the business, and you canat avoid them. If thatas something you've difficulty taking, then you shouldnat be trading. However, thereas a huge difference between losing major on an everyday basis and losing little in a controlled trading approach. You know that you must keep your losses small; the main element is to keep them smaller that your average benefits. Letas look at a trading strategy that creates $300 in gains for every win and costs $200 to you for every loss. Now, if your weekly goal is $300, and if your first trade was a loss of $200, then you definitely need certainly to make two winning trades to accomplish your weekly profit goal. Allow me to simply take this just a little further and really break it down for you: youave dropped $200 on your one losing industry, and then you make $600 on your two winning positions ($300 each). Your net profit = $400. Goal accomplished. Today, STOP TRADING. Otherwise, youall end up giving back the amount of money you just designed to the markets. Lock in your earnings! Of course, youare not necessarily assured weekly with only 1 loss. Letas look at per week that starts with three failures. With three losses, you are now down $600 ($200 each). So you would need to own three wins that bring about $900 ($300 each). Subtract the $600 you dropped on the losing trades from the $900 you won on the winning trades, and your resulting net profit is $300. Goal achieved. End trading. aWait a minute a youare saying that I will accomplish my goals with a percentage of only 50%?a YES! Thatas precisely what Iam saying! Read the example above again: you lost $600 on three losing trades, made $900 on three winning trades, and came out with a net gain of $300. This means that you could pick a losing business every STILL and other time obtain your regular gain goals! I do want to stress this point again, because many traders neglect this crucial concept of placing weekly targets. They determine daily goals, which produce an enormous psychological pressure, and then markets are traded by them when they shouldnat, and they drop. Therefore letas just suppose for a moment that you do wind up achieving an actual winning percentage of only 50%. Now, once you start trading again on Monday morning, what are your chances of having a winning business? 50%! You have a one in two chance of achieving your weekly profit target in only one, single trade! So if you DO accomplish your weekly income purpose on the first industry Monday morning, what next? Stop trading for that week! Just enjoy life! It doesnat get much better than that. Remember, you need to adhere to your trading strategy and your weekly goal. Don't enter still another trade when youave already accomplished your regular goal; the chance your next trade can be a losing trade is too good, and you'd be giving your cash and profits back to the marketplace. Rate Us contains new info concerning the inner workings of this hypothesis. Over-trading and greediness certainly are a traderas fall, so avoid them and stay glued to your methods. Now, you understand that you is capable of your regular income goal with a percentage of only 50%. As you improve in your trading functions, you should really be in a position to improve this winning percentage as time passes and still meet your financial goals.. |
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