80/20 Trading Strategy Explained (NASDAQ Day Trading Guide)
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We know 80-20 rule applies to trading. ie 80% lose money. Why? Why are they behaving like gamblers and what do winning traders do right? Learn more: | How to be a Trader or Investor
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The 80/20 Principle, applied to trading ... 1. Most of our trading profits come from a very small number of things that we do. 2. The majority of our losses (or our largest losses) also come from a small number of things that we do. So ... By focusing our efforts on only things that do well ... ... and stopping the things that are costing us the most money ... We can make significant improvements - with (hopefully) less effort. Now, most traders don't make money. Trading involves substantial ris
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