See luck does not come into the picture, it is MATH you know how much you can loose, or win, before you even start.
It is MATH... no hope no luck no magic no emotion, just code, clockwork and MATH.
See luck does not come into the picture, it is MATH you know how much you can loose, or win, before you even start.
It is MATH... no hope no luck no magic no emotion, just code, clockwork and MATH.
Don't think at all, just do the calculations.
If you ask me, it's very naive to think that the 3% on the top are 'just lucky
Don't think at all, just do the calculations.
If you ask me, it's very naive to think that the 3% on the top are 'just lucky
Didn't say it was "just luck", just said it had a little to do with it. You can have the best system in the world, but if the trades go against you more than they go with you (dollar value), then it isn't so good. Yes a good system is necessary, and proper planning. They by themselves, without that little bit of luck, do not make all of it. Otherwise, more people would be able to make lots more money from the markets.
If you prefer, you can call what I am calling luck "being in the right place at the right time."
Didn't say it was "just luck", just said it had a little to do with it. You can have the best system in the world, but if the trades go against you more than they go with you (dollar value), then it isn't so good. Yes a good system is necessary, and proper planning. They by themselves, without that little bit of luck, do not make all of it. Otherwise, more people would be able to make lots more money from the markets.
If you prefer, you can call what I am calling luck "being in the right place at the right time."
it has got nothing to do with luck.
luck is for gamblers, not for professionals.
I consider it an equivalent of a College Education just to get to where I am now, profitable enough to pay 1 of my bills every month.
It took me 5 long years.
5 to 6 hours a day, 7 days a week in front of the computer, while working a 50 hour a week job.
- Free trading apps
- Over 8,000 signals for copying
- Economic news for exploring financial markets
You agree to website policy and terms of use
How long will you become a profitable trader?.
I think it takes you about 3 years to become winner.