Meet the latest of Finance Magnates: Video blogs sharing ideas and concepts from the realm of trading in an easy, intuitive way. Today we host Rayner Teo, a proprietary trader based in Singapore, who offers his insights face to face:
Your trading results are random in the short-term.
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But often I see traders in agony just because they had a few losing trades in a row.
In this video I share with you why focusing on the outcome of 1 trade is pointless. Instead you should be looking at the next 1000 trades.
We will look at 2 trading examples, the NL25 with EUR/USD and GBP/JPY with NZD/USD .