A series
of probability scenarios to consider the outcomes for, identify successes and then calculate the probability for.
A little exercise to help you take profits more effectively is to ask yourself when you are up a solid profit on a trade: «What do I honestly think is the highest -
probability scenario based on the current price action and market structure?»
It's developers, it's the people that are actually checking the code or watching the network figuring out
low probability scenarios and how to immunize against those.
In this project pupils will work through two
probability scenarios:»n in a row and collecting all six.
Whereas, prior to the winning trade or winning bet they were much more cautious and concerned about finding a very high -
probability scenario to take advantage of; after they've made the money they often lose this awareness of risk and it's replaced with an almost over-whelming urge to make more money, which is of course derived from greed.
It's developers, it's the people that are actually checking the code or watching the network figuring out low
probability scenarios and how to immunize against those.