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Probabilistic Mindset for Trading: How to Start Winning #234

Probabilistic Mindset for Trading: How to Start Winning #234

FromTraders Improved Trading Podcast


Probabilistic Mindset for Trading: How to Start Winning #234

FromTraders Improved Trading Podcast

ratings:
Length:
9 minutes
Released:
Jun 27, 2024
Format:
Podcast episode

Description

Discover the "Trifecta of Profitable Trading" and learn how to set up your trading for success! This podcast dives into 3 crucial aspects: Risk-Reward Ratio, Win Rate, and Risk Management. You'll learn why focusing on high WR can be a trap, and how to develop a probabilistic mindset for trading. We'll also explore position sizing strategies to safeguard your capital and avoid emotional trading decisions. Master these 3 and watch your trading journey take off!
 
Article I mentioned: How To Use The Reward Risk Ratio Like A Professional - (tradeciety.com)
 
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My newest trading program is now open for enrollment. The Tradecademy includes a brand new trading course with over 80 videos., a private community, direct mentoring from me (Rolf), live webinars and other perks:
► https://tradeciety.com/academy
 
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Edgewonk trading journal:
► https://www.edgewonk.com  *** use discount code: tradeciety ***
 
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► Risk Disclaimer: https://www.tradeciety.com/risk-disclaimer/ 
Disclaimer: The experience reports and comments constitute the personal experiences of our users. These are individual results that do not permit conclusions to be drawn about future developments. In particular, we make no claim that these are typical results that can be achieved by our users on a regular basis. Tradeciety can neither predict nor guarantee the occurrence of certain developments or the achievement of profits, nor will it do so.
Results may not be typical and may vary from person to person. There are inherent risks involved with investing and trading, including the loss of your investment. Past performance in the market is not indicative of future results. Any investment is at your own risk.
Released:
Jun 27, 2024
Format:
Podcast episode

Titles in the series (100)

Rolf and Moritz have a combined trading experience of over 22 years. 6 years ago, they founded Tradeciety.com and Edgewonk.com where they‘re helping traders improve and find their edge. In our Traders Improved podcast, we provide actionable tips for traders from our own experiences or from what we have learned mentoring traders for the past 6 years