Friday, 7 August 2009

Profits and loses.....


I just want to remind you all that there will always be loses as well as Profits in any trading. We show these are small triangles on the charts in the RT add-ons. We will be adding this feature in the new MTPredictor v6.5 RT soon.....

But the important point is that the losses are kept small. Three -1R losses here are still such small than just one of the +4R or +5R profits yesterday. This is what amateurs don’t understand, it is not the number of profits and losses (win %) that is important, it is their size. Here 3 losses at -3R total was still much small than just two profits at +9R total. Professional know and understand this, amateurs need to learn this......

Thanks, Steve