Lets Talk About Expectancy Of Short Term Directional Trading System.
Read On (1/n)
Success Rate = No Of Profitable Tades/ No Of Loss Making Trades
Reward Risk Ratio = Average Profit Per Trade / Average Loss Per Trade
If Success Rate is 0.5 and Reward Risk 2, Then
Expectancy = 2 x 0.5 =1
For Making Profit, Expectancy Should Be Positive Number (2/n)
To Calculate Expectancy, You Need Defined System With Rules To Get Success Rate and Reward Risk. If You Have No System To Take Decisions, You Are Hanging In Thin Air and Will Never No Whether You Will Keep Making Or Loosing Money In Future (3/n)
THREAD- retweet and get it out there! GUN RESTRICTIONS ARE RACIST! Throughout this thread I will explain one of the many ways that the Left has used the black community as a social science experiment! Buckle up! #SoleForce 1/13
The left tells us if we don’t ban rifles, we don’t care about kids, and reference mass shootings. From 2006-2016 there were 173 lives lost in mass shootings, I’m having a hard time finding one victim who is black. #SoleForce 2/13
However in 2016 alone, there were 799 gun deaths in Illinois, 762 In Chicago. Handguns were used in 728, sharp objects in 61 and fists or feet in 19. Rifles were used in just 3%. That is consistent across the country. Rifles used in 2% of murders, 3% gun murders #SoleForce 3/13
The #legitimacy of any form of #government is not and cannot be based upon #consent, but upon how well it protects the rights of those who refuse to consent.
When the bullshit is stripped away, #Socialism is #theft, and can never be a moral form of political economy, because it cannot protect the rights of those who refuse to consent to the theft of their earned wealth. Those who do consent are not prevented under any other system…
"The 25 points of the NSDAP Program were composed by Adolf Hitler and Anton Drexler. They were publically presented on 24 February 1920 "to a crowd of almost 2K and every single point was accepted amid jubilant approval." (Mein Kampf, Volume II, Chapter I)
1/ It seems every #trader has to do the same mistakes as their predecessors. There are #wisdowms you will only understand, if you have experienced them yourself. In this thread I will give you the #wisdom, which can make the difference between being broke and driving lambos #btc
2/ Money is made in big swings
When realizing what profits can be made with trading, many start daytrading and want to #profit from every movement. You won't make more #money. Instead you will lose plenty of time. Watch big time frames and take positions for weeks #btc#trading
3/ When entering a #trade, have targets and a stop loss order
There is nothing more for you to do. There are two outcomes:
-you being stopped out
-you reaching your target
either is fine
realizing losses > being a bagholder
realized profits > unrealized profits
"Many years ago, the then president of The National Council of Churches warned that the danger of the great religious awakening taking place in our country, might become fanatical and be carried into our political and business life!
"Perhaps this was a fair assessment, that is, if you conflate #Christian#Zionism with religious awakening. Unfortunately, these "fanatical" #Evangelicals have 0 faith in the #Christian religion to which they give empty lip service--while paying homage to those who hate #Christ.
"For lack of faith in the actual #Bible, #Evangelicals make Scofield’ Notes, (Scofield! A drunkard and a con-man allied with the Satanist, Darby) --#Evangelicals have turned Scofield’s NOTES into a DIABOLICAL FORCE in our #national life.