Stocks for Breakfast | Profiting With Proper Risk Reward
Profitable Trading = Simple Math: Win Loss Percentage
If you've ever been frustrated by losing trades, today's trading education is for you.
Rookie traders focus on being right every trade. Professional traders focus on being right over time.
Having a trading edge means that you expect to have profitable trades. But what that also means is that you expect to have losing trades.
For some reason we give too much negative energy to the losers, when in fact they are a part of the edge.
Today we discuss a very reasonable 50% win loss ratio, and two examples of risk/reward that will show you that profitable trading is simple math -- IF you allow the edge to do it's work.