What is your winning probability?

[asiaforexmentor]

Forex Coach Ezekiel Chew ask: Whats your winning probability?


FOREX COACH Ezekiel Chew ask: Whats your Winning Probability?
Do you have the answer to this question?
If you dont, then probably you should NOT even trade.
It is a very simple question that you should ask yourself before you take every trade.
WHAT IS MY WINNING PROBABILITY FOR THIS TRADE?
If it is anything lesser than 60%, skip the trade.
You see it makes no sense at all for you to take a trade that has lesser than a 60% chance of winning.
If its lesser than a 50% chance of winning, why even trade?
You are bound to lose on that trade right?
If it is a 50% chance of winning. You are betting on your luck.
Thats gambling, that is NOT trading.
If it is a 60% or higher chance of winning. And if you only take trades that have a 60% or higher chance of winning.
Where do you think your account size will go? UP of course.
Forex Coach Ezekiel Chew ask: Whats your winning probability?

Having a 60% and higher winning probability for that trade means you have an edge over the market.
You SHOULD consistently take trades that are over 60% chance of winning.
But if on occasions where you take a trade that is a 50% chance of winning.
You will spoil your entire game and your entire trading plan.
That is because you are adding a random variable to your trades.
And these random variables will disrupt your account growth.
For example:
Trader A) Out of 20 trades, he take trades that are only 60% or higher winning probability.
Trader B) Out of 20 trades, he takes 10 trades that are of 60% or higher winning probability and 10 trades of lesser than 60% winning probability.
Trader C) Out of 20 trades, he doesnt care about the winning probability. He just take trades when he likes it or just based on his gut feel.
Forex Coach Ezekiel Chew ask: Whats your winning probability?

Which trader do you think has a better chance of growing his forex account?
Trader A of course!
Which trader trades most like you?
If you are at trader B or trader C stage, you should stop your trading now.
And reflect on this.
This vital question is something that you must ask yourself the next time you trade.
What is my winning probability for this trade?
Forex Coach: Ezekiel Chew
Asia #1 Forex Mentor from www.asiaforexmentor.com

[yogesh]

My winning probability is more often i can win 9 out of 10 trades but that does not mean i am really making big profit but this is because i use big stop loss and lower target - that make me have more wins. But though the losses are rare but bigger.

[featurelion]

My winning probability is more often i can win 9 out of 10 trades but that does not mean i am really making big profit but this is because i use big stop loss and lower target - that make me have more wins. But though the losses are rare but bigger.

is ka metlab yeh hua k aap k winnig pips kem hey. wesay pips for me not matter . meri strategy k mutabik 100 pips is enough in the month becuase 100 pips sey ager aap ka capital beda hey to aap 1000$- even more bhi earn ker sektay ho jo meray khyaal se bhadia profit hey

[sasmita11]

My winning probability is more often i can win 10 out of 12 trades but that does not mean iam really making big profit but this is beacuse i use big stop loss and lower target.that make me have more wins,but through the losses are rare but bigger

[100c�]

My winning probability is more often i can win 10 out of 12 trades but that does not mean iam really making big profit but this is beacuse i use big stop loss and lower target.that make me have more wins,but through the losses are rare but bigger

Winning probability must be 80% is the best trading system which we use but I mainly trade when trend is well known and my winnings 99% rights. I always trade on support and resistance levels.

[fuadyp]

My winning probability is more often i can win 10 out of 12 trades but that does not mean iam really making big profit but this is beacuse i use big stop loss and lower target.that make me have more wins,but through the losses are rare but bigger

winning likelihood needs to be 80% is the most beneficial trading system that we use other then i chiefly trade when trend is well known and my winnings 99% rights. i continually trade on support and resistance levels.

[ayusri]

My winning probability is more often i can win 9 out of 10 trades but that does not mean i am really making big profit but this is because i use big stop loss and lower target - that make me have more wins. But though the losses are rare but bigger.

I always make trading a maximum of only two times in one day and night with a gain between 40 to 20 points only, in the event of los before I open another position trading los if not then only one a day, from an average of eight times a week my trading can earn 6 times the profit and loss twice, but the accumulation of trading, profit remains greater than losses due to more profit, we are very hard to avoid losses due sometimes to get a loss, a big advantage because the new can we make it we must good use of capital management

[Nganti]

I always make trading a maximum of only two times in one day and night with a gain between 40 to 20 points only,

No problem sir, all depend of the strategy with pleasure with own self. because sometime we get of good profitable system from another people, but that strategy can not applyed to us, many reason to our, like different of time for trade, don't have any time for waiting the monitor for looking cros fo moving avarage for the samples.

[Gurufx]

I always make trading a maximum of only two times in one day and night with a gain between 40 to 20 points only, in the event of los before I open another position trading los if not then only one a day, from an average of eight times a week my trading can earn 6 times the profit and loss twice, but the accumulation of trading, profit remains greater than losses due to more profit, we are very hard to avoid losses due sometimes to get a loss, a big advantage because the new can we make it we must good use of capital management

The most important for trading, in my opinion, are experiences and knowledges. Luck is only additional although we needed luck too sometimes. There is no person who ever succeed in forex if he didn't have many knowledges and experiences in forex. It's impossible to trade well if we don't have any knowledges but experiences is important too because our knowledges

[sheriffex]

My winning probability is more often i can win 9 out of 10 trades but that does not mean i am really making big profit but this is because i use big stop loss and lower target - that make me have more wins. But though the losses are rare but bigger.

I am interested in your strategy. mind sharing it?