In this week’s market analysis, I am going to share with you why your trading results are random in the short run.
When you understand the law of large numbers, you know that in the near-term, your results are basically random. And in the long run, if you have an edge in the markets you will come out ahead.
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Then I will talk about your emotions in trading. Making you understand why it does not make sense to feel happy or sad based on the random outcome of a trade. Instead you should look at the big picture, at the next 1,000 trades.
Finally, I will share a trading opportunity on Palladium where you can look to short, if you’re not already in it.