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Author: tradingsossos
Categories
Expectancy
In this post I will explain the concept of expectancy in trading, an important number to track if you’re serious about your trading.
See daily chart of EURAUD below for the discussion that follows.
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If you’ve been trading for a while, I’m sure you’ve heard about the book Trading in the Zone by the late Mark Douglas. This post is about the 5 fundamental truths of trading which he wrote about in his book.
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All traders have taken subpar trades. The level of experience doesn’t really matter… and chances are that you’re going to take them again. Mediocre / subpar trades are just one of many things that’s a hindrance to the performance of traders.
See daily chart of EURUSD below for the discussion that follows.