Does Day Trading Work - Learn The Two Most Important Factors

2 Factors That Determine Success Visit MarketGeeks.com

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2 Questions I Get Asked Daily Does Day Trading Work? Can I Make Money Trading? These Are Not Simple Yes And No Questions

Trading Can Be Very Simple And Complicated

Bet Sizing Monte Carlo Simulations Stop Loss

Two Factors Determine Success Or Failure

You Cannot Succeed Without Mastering Two Important Elements

Profitable Trading Is Simple Math 1. Winners Must Be Bigger Than Losers Or 2. Percentage Of Winners Must Be Higher Than Losers

= Positive Expectancy Your Trading Method Must Have Positive Expectation Of Profit

Simple Formula Answer These Questions 1. What Percentage Of Your Trades Are Winners 2. What Percentage Of Your Trades Are Losers 3. The Average Amount You Win 4. The Average Amount You Lose Plug The Answers Into This Formula

(Average Winner x Win Rate) – (Average Loser x Loss Rate)

Simple Example Of Positive Expectancy Answer These Questions 1. 50% Winners 2. 50% Losers 3. Average Win $2.00 4. Average Lose $1.00 $2.00 * .50=$1.00 $1.00*.50=$.50 Positive Expectancy .50 (The Higher The Better) (Average Winner x Win Rate) – (Average Loser x Loss Rate) Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

Psychology And Self Sabotage

Difference In Thinking Beginner Fears = Cut Winners Hope = Keep Losers Professional Fear = Cut Losers Hope= Keep Winners

Master Expectancy And Psychology

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