High-probability trading refers to the likelihood of whether a trade will win or not. Making high-probability trades is crucial for a successful trader because no matter how great the trader is, they will have losing trades. This is a fact. The market will move in unexpected ways, and losses will happen.
No one can predict the future with certainty. Neither I nor you nor the top traders in the world can tell you what the market will do in the next minute, hour, day, or week. Traders have to operate in an environment of uncertainty.
How, then, do traders make money in the market?
The answer is:
PROBABILITY
Traders can create an edge over the market, and they can do this by making trades that have high probabilities. The best way to do this is by stacking the odds in your favor with each trade you play.
We all want to be able to make A+ trades and do it in the smallest amount of time possible so that we don’t have to sit in front of a screen all day. The first step is locating an asset trending, making higher and lower highs, and having a qualified trend. When markets are trending, that exhibit non-random behavior. The key to marking your key support and resistance levels and how you hunt your trades during the week.
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