$700 on a Saturday Morning (BTC)
Probability is the name of the game with any trading setup.
Let me ask you this, If I made you a bet in which you think the probability that you'd win that bet is lower than your chances of winning, would you take that bet?
If you answer yes, you are a gambler because that is exactly what gambling is. If you go to the casinos, you hear it all the time - your chances (probability) of winning are very low as they are skewed in favor of the casino. Lets be real, a casino is a business and the business's goal is to make money. It is just sad that most gamblers aren't smart enough to realize that the money is mostly being made off of their backs.
Conversely what about if you realized the probability is skew more in your favor, would you take the bet? You'd be foolish not to as it is more likely to be easy money for you right?
That is the theory I have applied here. Simple in and out.
That's it, no special strategy, special terminologies, weird candlesticks patterns and all that B.S.
K.I.S.S - Keep it stupid simple
Have a good day guys!
Let me ask you this, If I made you a bet in which you think the probability that you'd win that bet is lower than your chances of winning, would you take that bet?
If you answer yes, you are a gambler because that is exactly what gambling is. If you go to the casinos, you hear it all the time - your chances (probability) of winning are very low as they are skewed in favor of the casino. Lets be real, a casino is a business and the business's goal is to make money. It is just sad that most gamblers aren't smart enough to realize that the money is mostly being made off of their backs.
Conversely what about if you realized the probability is skew more in your favor, would you take the bet? You'd be foolish not to as it is more likely to be easy money for you right?
That is the theory I have applied here. Simple in and out.
That's it, no special strategy, special terminologies, weird candlesticks patterns and all that B.S.
K.I.S.S - Keep it stupid simple
Have a good day guys!
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