http://www.traderinterviews.com/idealab/idea/view/trading-and-probabilities The latest comments on Trading And Probabilities Sat, 29 Aug 2009 15:30:38 -0700 en-us Copyright Ideas For Download LLC, 2006 - 2012 http://www.traderinterviews.com/images/traderinterviews_144x19.gif http://www.traderinterviews.com/idealab 144 16 http://www.traderinterviews.com/idealab/entry/view/trading-and-probabilities#c135 Conversely, The worst thing that a poker player can do is regret folding a mediocre hand that "would have won". Most will ignore the fact that this hand loses the majority of the time and focus only on that one time that it would have won big. They then begin to play that hand & lose all their chips. Trading is no different. People tend to tunnel-vision on the winning trades and ignore the losers. This is the greatest asset of the endless peddlers of systems and courses. They know that they can produce a chart and point out the trades where their system would have made you rich. There can be multiple losers on that very same chart and few people will notice. (Or subconsciously chose not to notice is more likely).
I recommend becoming a good poker player if you want to be a better trader.]]> http://www.traderinterviews.com/idealab/entry/view/trading-and-probabilities#c135 Sat, 29 Aug 2009 15:30:38 -0700 http://www.traderinterviews.com/idealab/entry/view/trading-and-probabilities#c21 http://www.traderinterviews.com/idealab/entry/view/trading-and-probabilities#c21 Mon, 10 Dec 2007 23:01:48 -0800