YaseenG.Housari
教育

"Kinds of Bets or Trades" (Risk management)

FX:EURUSD   歐元 / 美元
"There are really four kinds of trades or bets: good bets, bad bets, winning bets and losing bets.
Most people think that a losing trade was a bad bet. That's absolutely wrong. You can lose money even on a good bet.
If the odds on a bet 50/50 and the pay off is 2$ vresus a 1$ risk, that's a good bet even if you lose.
The important point that if you do enough of those trades or bets. eventually you have to come out a head.

-Also why you should be a process-oriented not results-oriented {WATCH THE CHART}

P.S -Always keep in your mind;
You can control: RISK-COST-TIME-EMOTION
you can't control: RETURNS

So it beats me WHY....
YOU RARELY FOCUS ON (RISK-COST-TIME-EMOTION)
BUT YOU ONLY FOCUS ON (RETURNS)

All the best homies and if you want more of this content plz             leave a comment.
PEACE..
Wise words
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sweet
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so true
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Love the Risk-Cost-Time-Emotion.
I had to rearrange to C.E.R.T for my mind to remember, Short for certified.
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Nice job. I love it
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i remember JOBA and the other ? suit manufacturer , they bid each others stocks up and finally 1 bought the other out , with much debt
they were not profitable
the merged company was not gong to change the lack of new suits not selling
but , i still lost on my near term PUTs
but u know they still went down eventually !
good trade , stop loss stopped the bleed ..
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Awesome insight >
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That was ver enlightening... Thanks
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Ive noticed risk,cost,time ,emotion, the race is long and in the end its only with yourself.
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