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Kamlesh Uttam Profile picture
Kamlesh Uttam
@uttamkamlesh
https://t.co/fCKDoglpfo from IIT Kharagpur, Ex-R&D Officer-Engineers India Ltd, Founded Uttam Traders Academy in 2012, Age 44, Professional Trader & Mentor, 15 yrs in markets.
Jan 20, 2022 • 16 tweets • 4 min read
Trading EXPECTANCY

New entrants to markets have a strong general belief that High Accuracy is the secret to success in trading too. Why? Because such belief system works well in almost all aspects of our normal life but very clearly NOT in markets!

Curious to know WHY?

1/n Concept of R - is a must to explain the concept of Expectancy. Now what is R?

R is simply abbreviation to 'Reward-to-Risk'.

Example - Suppose i took 10 trades and I lose at maximum Rs 10000 only in any stop loss hit.

2/n