Think In Probabilities
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One of the most important concepts to grasp is that successful traders tend to think in terms of trading probabilities. The trouble is and this is obvious by the rate of attrition, most either dont get this or even attempt to address it.So the thing to really think about here is the nature of an edge. I’m not talking about the technical specifics of an edge – I’m talking about what it gives you in terms of trading advantage.

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