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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?

To: dpl who wrote (10110)	9/4/2000 3:39:24 PM
From: OZ	Read Replies (1) \| Respond to of 18137

Yes but we are forgetting one thing.Every trader has to trade their "game". Actually not forgotten but a separate subject all together. I always say that people need to trade within their natural or comfort zone. My main point is that for many people, professional trading has nothing (little) to do with being right more than 50% of the time and more to due with risk management strategies. And to drive the point home I added the points about the profitability patterns of those that do trade at less than 50% (which under the previously described definition are just gamblers). It is the less tangible melding of Accuracy and Risk/Reward spread over several trades that define the true overall edge. With the exception of super high probability scalping techniques, most trades when looked at singularly are actually much like a bet in gambling. Oz