To make money trading,do I simply have to predict which way the market will move and be correct over 50% of the time,assuming the movement either way is the same ? i.e say for example 5 ticks correct then trade out,or 5 ticks wrong then trade out.
beetle 25 Jan 11:32 If you are greening up on your trade it depends whether you are backing to lay or visa versa. The former is more profitable, pro rata than the latter.
Provided it's trading above evens.
However, I lay first well over half of the time, as often the traders trying to make a lot using a little push the price down below what I perceive is correct.
beetle 25 Jan 11:32 If you are greening up on your trade it depends whether you are backing to lay or visa versa. The former is more profitable, pro rata than the latter.Provided it's trading above evens.However, I lay first well over half of
I'm solely a layer,taking a position pre-off.I've only recently started recording the prices at the start of the event,and have found that 70%(so far) have drifted .I'm just wondering how best to play this.
I'm solely a layer,taking a position pre-off.I've only recently started recording the prices at the start of the event,and have found that 70%(so far) have drifted .I'm just wondering how best to play this.