Trading is a numbers game

[TheRumpledOne]

Just listen to Mark Douglas - trading is a game of probabilities.

Plug in the numbers and trade accordingly.

[shiny100]

Hi everyone,
Trading the markets is not much different. It’s a numbers game as well and technical analysts understand this. They know that a certain chart pattern, or set of signals will not always be correct, but they also understand there’s a certain probability of it being correct based on past similar occurrences. Also based on past similar situations they can determine the range of possible reward outcomes, again probabilities based on real data. With theses probabilities in hand they can calculate a probability risk/reward ratio which tells them if they should enter the market or not, and with how much money. This is very similar to what my insurance company does when deciding if they want to insure me, and what my premiums must be for their risk/reward ratio to be in their favor.

[Sofia.forex]

Exactly. It is a number game and one should be an expert of this number game in order to make profit.

[Somya Gabriel]

hmm.... Its all about numbers.....

[forexguide]

Numbers is all that matters about that.. Its always present in trading.

[JohnsonG]

Yeah I agree with you all, numbers are logic so you be a cerebral trader.


best regards