Let's talk about the real Holy Grail of Trading: Capital Defense Management.
In this video I discuss the following:
- Law of Large Numbers - how casinos make their money and how we as traders can replicate the casino to create an edge.
- Win/Loss % and average Win/Loss Scenarios - How often and how much do you need to profit in order to make money over the long-term.
- Accepting Losses and Trusting Your Trading Plan.
- My Capital Defense Management Plan for TopstepTrader's $50k Combine.
- PLT's Capital Defense Calculator available to subscribers.
Earn a Funded Account™ with TopstepTrader™ and receive 20% off your first Futures Trading Combine®: http://bit.ly/become-funded
The same deal above, but for the Micros Trading Combine®: http://bit.ly/become-funded-micros
Join Price Level Trading's Live Trading Room and community for only $49.99 per month: http://bit.ly/trade-with-us-live-every-morning