How To Make Trading Mistakes and Still Win - Episode #41

Most traders have target profits and do everything within their power to enter that target, and if the market does not comply, do their very best to limit the loss. Sounds reasonable. However if they make a mistake it is almost a guaranteed loss, just a matter of how much.

There is a bteer way. What if you could be mostly wrong and still come out ahead? Wouldn't that be an overall better situation? I mean knowing that you didn't really have to nail it to make it would take all the pressure off you. Well, that's what today's episode is all about.
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