In Lesson 6 of the Infinite Prosperity Course, you would have downloaded the Infinite Prosperity: Probability Calculator. For the sake of this short post, let’s set aside any technical, fundamental or mechanical trading elements, and talk purely about probability and numbers. You can see here that we’ve dialed in the following numbers: 60% strike rate
Articles in the category of Swing Trading
The balancing act of trading that no one talks about… Assuming all other variables remain constant, the number of trades you take has a direct impact on your strike rate. Someone targeting the same reward/risk 100 times per day will never be able to match the strike rate of someone who waits a month to
Following the historic vote by Britain to leave the EU on the 23rd of June, we witnessed a massive flow of capital back into the U.S Dollar, as investors sought safety amongst uncertain times. The EUR/USD reflected this flow of capital within the price action, as the EUR/USD fell over 500 pips following the vote!
Like with every aspect of trading, it’s always best to focus on the big picture, and this couldn’t be more true when it comes to drawing trend-lines. Due to the highly subjective nature of trend-lines, the key to drawing them correctly lies within their visibility. If you find yourself forcing a trend-line, trying to fit
Knowing when NOT to trade is just as important (if not more) as knowing when to trade. Here’s a run-down of 3 trade entries and 5 NO TRADES as determined by advanced entry filtration using a combination of MACD, Price Action, Phase Lines and the 50EMA. The highest probability entries are shown by the red