Trading Futures and Options on Futures involves substantial risk of loss and is not suitable for all investors. You should carefully consider whether trading is suitable for you in light of your circumstances, knowledge, and financial resources. You may lose all or more of your initial investment. Opinions, market data, and recommendations are subject to change at any time.
"What does it mean to think in probabilities?
ReplyDeleteIt means to believe at the very core of our identity that:
anything can happen
every moment is unique
there is a random distribution between wins and losses on any given set of variables that define an edge
Each one of these beliefs will keep your expectations in line with what is possible from the markets perspective. To the extent your expectations correspond with what is possible from the markets perspective, you eliminate the potential to define and interpret market information as painful.
Ultimately ~ you can get to the point where you can trade from a "carefree" and "objective" state of mind where you are making yourself available to perceive and act upon whatever the market is offering you in any given "now" moment from its perspective."