Lets Talk About The Concept Of Probability And Possibility

Hello friends welcome to the #Traderlifestyle
I hope you had read my last blog about the Be Ready To Catch The Indication And Confirmation and thank you for share the last blog I got tremendous views on it.

so today in this blog I am talking about the concept of Probability And Possibilities as you know that trading is all about the probability-based concept and in the trading determine the probability and possibility is very importent to be a consistent traderI had also written about the Definition of a consistent trader you must read this blow.so whenever you forecast the chart simultaneously try to predict the % possibilities to win or lose the trade. and this all you can do when you spend much of your time with the chart, there are types of price action charts which will help you to be predict higher possibilities.

2nd thinks you have to do is making a journal of your trades so that you can predict the average probabilities of your trades and if your probabilities to win trade in higher so it will give you some positive vibes to being a consistent trader.

3rd thinks you have to do is doing aftermarket study. because "the consistent trader is not who make their trade-in live market but the consistent trader is who make their trade-in aftermarket and just follow their condition in a live market" so always do aftermarket study and remember trading is not get quick rich scheme'

I want to show you some my probability-based trades in which I get the target in my high probability to win and also lose some trade in which I have low probability to win'

this is my trade of the 4th march this trade I had initiated with the very low probability. look it the journal below

after initiating the trade after 2 working days, I get the stop-loss in my this trade and . so here I was predicted before the probability of my trade so that's why I put a very limited stop loss.

this is my another trade in which I have a higher probability to win this trade look it the journal below

this is the chart in which I actually get the target of this trade and this was amazing trade in which I get the target of +5.62%.

so, friend, this is the concept probability and possibility works, I hope you really enjoy to read this blog please do share, follow my blog page you can also follow me through Instagram, Linkedin, Facebook page

😊stay tuned 😊

Happy trading💗

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