Tag: losers
Losers, winners and strike rates
Further to my previous post about strike rates, I thought I add some flesh to the discussion.
At the end of the day people have a variety of different risk profiles. Your tolerance and reaction to risk is predominantly a psychological factor. The good thing is you can learn to overcome any psychological failings. When I was not as experienced as I am now I would often over analyse things and let the market be my master. Now I am …
Losers needed!
Over the years I’ve studied the markets and a number of strategies, but all of these have been focused on winning.
Late last year I turned my attention to why people lose, the psychology behind that, but also what fundamental flaws they have with their approaches in the market.
If you mess around at random you should, over long periods, break even less the spread or commission that you pay to the service provider. However, when I look at a …
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