High Probability Forex Trading | Forex Trading London

Whatever type of Trader you are, there are some periods or points in your life when it probably isn’t in your best interest to trade and I’m not referring to unpredictable economic events such as FOMC and NFP etc or non-favoured days of the week or month.

Profitable trading nearly always relies on thorough market analysis and timing and being in the right mind set, rested, fit and alert to all the possibilities and prepared to have the courage of your own conviction to take the trades that you see.

Over the years I have learnt that there are definitely times in your life when it isn’t in your own interest to be trading and that isn’t just the likely unprofitable outcome but also in terms of one’s relationships and mind set.

Such events are:

How Many Reasons Do You Have….?

Is there such a thing as ‘High Probability of Success’ trading? As a trader, if you are sufficiently capitalised, employ robust Risk & Money Management and can manage the uncertainty of trading the Hard Right Edge of the charts by having a structured approach, you don’t need to be right all the time. In fact you can make decent money by only being right 50% of the time. But as a trader you never stop learning and are always trying to improve your ‘process’ of trading, with the aim of achieving better results. One way of improving your trading process, is to add an additional check into your pre-trade preps….

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