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How to Minimise Risk & Maximise Reward When Trading FOREX EP 4
Manage episode 313794287 series 3287638
Most retail traders make the mistake of cutting their profits short and letting their losses run. In this video we will dive into why thinking in probabilities is superior over thinking in right/wrong.
We also cover why creating more risk most often leads to more emotions which lead you to cutting your profits short.
Make sure to listen all the way until the end so you don't miss any of these imperative lessons.
• Join the Community: https://www.guerrillatrading.co.uk
• Get involved with us on Facebook: https://www.facebook.com/GuerrillaTradingFX/
• Follow us on Instagram: https://www.instagram.com/guerrillatrading/
• Subscribe to our YouTube channel: https://www.youtube.com/channel/UCFxxgof9OHRdsbyGZbZyjyA
44 epizódok
Manage episode 313794287 series 3287638
Most retail traders make the mistake of cutting their profits short and letting their losses run. In this video we will dive into why thinking in probabilities is superior over thinking in right/wrong.
We also cover why creating more risk most often leads to more emotions which lead you to cutting your profits short.
Make sure to listen all the way until the end so you don't miss any of these imperative lessons.
• Join the Community: https://www.guerrillatrading.co.uk
• Get involved with us on Facebook: https://www.facebook.com/GuerrillaTradingFX/
• Follow us on Instagram: https://www.instagram.com/guerrillatrading/
• Subscribe to our YouTube channel: https://www.youtube.com/channel/UCFxxgof9OHRdsbyGZbZyjyA
44 epizódok
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