Zeev's Turnips Patch-No Politics (ZEEV)

[Train Guy]

Yeah, but now you have a way to figure out the odds, and go in confident you're going to pick the houses pocket.

One of the hardest things for new traders to learn is to take the small loss. This in simple math explains why you have to do that, and why it's no big deal.

It wasn't until I ran the numbers this morning that it finallly dawned on me that I already have a system that returns 1000% a year. I kept looking at the total dollar return and it wasn't what I was expecting. And yet I wasn't willing to up the number of contracts I was trading at a time because I feared taking the bigger losses. But after looking at the numbers, the chance of a "big" hit is only 1 in a 1000. Those are mighty good odds.

I've been fearing something that I shouldn't even be worried about.