7 reasons why profitable traders make money…
In this week’s video I look at 7 reasons why traders are successful and why some are different to others…
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In this week’s video I look at 7 reasons why traders are successful and why some are different to others…
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5 Comments
Thank you Charlie for such a great video.
No probs!
Thanks Charlie. Great video with critical information to help long term survival in the market. The 80/20 rule of course depends on your trading strategy and wouldn’t necessarily apply if your strategy had a R:R ratio of 1 with 50%+ winning trades. Otherwise agree with everything you said.
I appreciate your philanthropy through information and it’s great to learn from the experience of an educator / trader who actually “walks the talk”.
Have you ever considered setting up a Darwin with Darwinex so that you can can scale up your trading for greater profits as others invest in your strategy whilst keeping your actual trades and strategy confidential? Please let me know if you do.
Hi Mark and thanks for your comments. Well even with a 50% win rate winners don’t all come as the stats say. So the point I was making is yes some big winners can make your year but also a simple purple patch of winners does to if you are following a tighter strategy like that. Because it’s unlikely a 50% win rate will always be like that, sometimes it will not be working well but others it will be doing superbly. Hence the 80:20.
No not particularly interested in that but I do have other fund projects instead…
Cheers
Charlie
Darwin and Darwinex? An evolution in trading ?