How many losses are statistically probably
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- เผยแพร่เมื่อ 3 พ.ค. 2024
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Mostly people make 7+ loses because they jump off their strategy. They ignore entry, they are impatient, they think that they're listening to "intuition" but in fact it is nothing more than gambling urge, they want to prove they are correct about what they forcast etc.
Basically, stop acting like you know everything on the market, start thinking like you know nothing - be more humble, if you lose 3 times in a row, turn off your pc and live your life. it's easier to get out of drawdown of 3 loses than 19 .
I had a 9 loss streak this month. Never had a loosing streak like this . And it’s all what I consider high probability set ups.
Interesting but also misleading to start from a strike rate or believing in having a certain strike rate, as strike rate is variable and changes and depends on your trading behaviour and habits in the now. The past NEVER fully gives a guarantee for the future in trading, but sure does provide a basis for nice TH-cam content ❤😂
Good point
Makes sense but then again, you realize people do use ticks for profits. It really depends on the trader and their focus. I feel like for me personally I like to use chart as the base line indication and I think where I'm failing is not setting a stop loss. But even with that me getting stopped out and it ends up going in my direction either way, what does this mean for me? Its driving me insane.
Trading isn't about probability. It's about risk management. 6 losses in a row doesn't mean your strategy is wrong; it means you shouldn't trade no more.
Bro I took 12 losses in a row
your strategy doesn't work when you don't know why you lost..losing a trade and knowing why you lost is a win for your strategy.
Dangerous mindset, if you have 50% winrate, and you feel the psychological urge to know WHYYYY did this happen to ME, you’re already set up for failure. Although I am devils advocate I see what you’re saying 🙃
You will never know the why, don't fool yourself in thinking you will. Price movement is generated by all the participants. All you can do is put the odds in your favor over a series of trades.
If anybody is loosing more than 7 just invert the chart
Can I have that chart?
Screenshot it😂
You expect the dude to send it to you?
@@jaycalvin3783 facts bro
pbs.twimg.com/media/CYMe9T8WYAA9awT.jpg
I have 92%win rated strategy in crypto.
This is slightly misleading, all you need to do is go to the casino and double on every loss and you will quickly realize that it’s 100% certain to always hit catastrophic failure, which means = whatever number you expect of losses in a row I CAN ASSURE YOU it is going to be more. The fact is your odds are better with trading, HOWEVER, you have the psychology of a losing streak causing potential problems with your decision making now impacting your performance to deal with too.
No it isn't. You will hit failure on the roullete because they put a limit on how much you can bet. That's why the limits are set
@@KimmelTrading your reply is irrelevant, I was making a mathematical reference to catastrophic failure not practical means to cheat casino.