Latest Video Blog: The Outcome of Your Next Trade Is Random

Tuesday, 30/06/2015 | 08:40 GMT by Rayner Teo Chee Leng
  • In this week's market analysis by our guest vlogger, you will see that trading results are random in the short run - according to our vlogger's opinion.

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.

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.

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.

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.

About the Author: Rayner Teo Chee Leng
Rayner Teo Chee Leng
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