Volatile market with large swings continues.

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It does help to have a probability mindset.

Look at the formula bellow:

(AVG $ Win X WinRate) - (AVG $ Loss X LossRate) = Positive Result

Let's have a look behind the formula:

We derive the AVG $Win by dividing the positive '$' results

by the number of winning trades.

We derive the WinRate by dividing the number of winning

trades by the total number of trades.

We derive the AVG $ Loss by dividing the negative '$' results

by the number of losing trades.

We derive the Loss Rate by dividing the number of losing

trades by the total number of trades.

If we consider the formula, we shall find all the elements of a probability mindset The first thing to notice is that you determine success or failure over the long-term rather than on the result of any one trade. Focus on achieving consistent long-term results. You do not live or die on any single trade. Focus on achieving a robust decision-making process. Take advantage of market conditions by all means, but never confuse being good with being lucky

Trading secret !

                                       Successful trading requires Faith !
We trade our beliefs not the market, so we better know what we believe about the market before we start trading it !

The man who grasps principles can successfully select his own methods.

Trading principles that work,

2. Ride your winners
3. Cut your losses short
4.Use stops
5.Manage your money so you can stay in the game
6.Stick to one methodology, system and/or a plan

Very simple !

Performance in complex or competitive endeavors often follows a sine curve.

The Performance Cycle 

Awareness !