Ever since I started learning about trading about 5 weeks ago
I noticed 1 very important pattern so far. In the trading world, where over 90% of traders lose. We all get the same information and the same chart. Everyone is given the same opportunity, some of us speculate and others focus on facts and previous results. Knowing who you're trading against seems to be an important detail. If you're the newbie in the group of traders, your chances of success are less than 10%. If your track record shows successful earnings through the periods, your chances increase. To be part of that minority of successful traders, you must learn how to analyse your probabilities and odds of the trade being in your favor depending on who you're trading against.