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Re: EM60192 post# 19423

Friday, 07/26/2019 9:20:35 AM

Friday, July 26, 2019 9:20:35 AM

Post# of 25351
I have a probabilities mindset, if a chart trend is on it’s way down, what are the odds in favor of?
The odds are always in favor of the current trend, when you posted saying, “someone needs to stop taking my 3’s until I get paid”, the trend was obviously in a down trend, a significant one at that.

If you study charts in the OTC you must know that reversals on a downward trend will PROBABLY always reach the levels of previous lows, if not creat another low.
In the OTC, you always want to have probabilities in your favor, NOT against your favor.
That’s if you want to consistently make profits.

You always want to be pessimistic in the otc, NOT optimistic.
You have to trade/invest scared so that you’re not scared to trade.
Never allow a ticker to fool you thinking that you’re right, always wait for confirmation and always take profits.
Be patient with winning tickers and get out intelligently when a ticker goes against you.
Some profit is better than no profit.

It’s truly that easy and simple, but most traders/investors make it more complicated than it has to be.