Mar 152013
 
Be Mentally Prepared - Trading Streaks Mess With Your Head

WHY DO I EMPHASIZE LOSSES IN A ROW AND NOT WINS? You will notice throughout this website I talk about losing streaks much more than winning streaks – but they both occur – so why emphasize the losing streaks? Well the common sense answer is that a string of losses can destroy your trading capital [...]

Mar 122013
 
The Coin Flip Test And Trade Probability

How Many Losing Trades Can I Get in a Row? First, the principle is the same, whether it’s a winning streak or a losing streak. Second, the answer is not what you think. I’m telling you right now – “This Is Really Important!”. This is a really important concept for you to understand before you [...]