Probability ALWAYS Beats Risk Reward - My Experience [IMPORTANT]

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Disclaimer:
Trading is extremely risky so never risk what you cannot afford to lose. Our guarantee is based on practicing our concepts on a demo account, not with real money. The information provided by Psych FX never constitutes financial advice and is for educational purposes only. Do your due diligence.

[dreemfutures]

My trading journal agrees with this message. The juice of r:r just isn’t worth the squeeze. You will leave more money on the table over a series of winners than you’ll make on the anomaly setup that actually goes the distance. Find a setup that works more often than it doesn’t and take your profit, you will save yourself years of confusion and frustration.

[nicklashansen]

You really are the only that really makes sense on YouTube in my opinion. I can really feel that you have been in every aspect of trading and found out what works for you. I am grateful that I found this channel because it really helped me lose my frustration and stresses. Thank you a lot

[LLdeduction]

This is definitely one of the most important things to acknowledge to become consistent, also one of the most neglected.

[henke_palm]

There is a night and day difference between being a technically proficient trader and being a profitable trader. Great vid 👍

[neel]

This has to be the best forex video ever made. Period

[Jay__C]

I wish I had found your content before wasting thousands on courses that have been useless.

You deserved that money.

[SumaSuma-wltk]

I loved your realistic talk, i believe guys who keep showing trades with insane rr all the time is just showing the nice part but they not showing other face of coin where probably they lost also hundreds trades before catch insane rr

[TheProfiters]

Great content as always. This is true helpful as I have been having issues holding firm on my risk reward against probability. Thanks

[astralchemistry]

Very good content & explantion. The takeaway for me is that when using targets that are further away, you should really try to re-evaluate the position with every new bar of information. I guess the big mistake is to have an entry signal, take on the trade, set TP and SL and then walk away. One should ask whether one would take on the same position after the next bar or after 5 bars have passed since the entry. If no, why would one hold on?
The other takeaway is that it is easier to gain an edge in seeing where the market will go in the next bar than in 20 bars.

[matthewclarke]

This method works, an EA I'm using automatically applies this idea.

[thatbastardson]

making zero progress over the past year. just finished my 12th losing trade in a row. yay trading.

[josuer.f.]

Hey man I really appreciate you making these really helpful videos 🙏🏼🔥🔥 Keep up the great content!!

[joop]

This made a lot of sense. Definitely is going to help me out in the future. Thanks

[sanskiee]

Bro your content is amazing I've watched a couple videos and I've already learned more than I did the past year. But can we get 1080p videos pls

[allisterlourenco]

Would be great if you could make a video of the steps to follow and trade examples and more examples.

[bambelelaniblessing]

amazing stuff man i understand what yu are say many people make this mistake

[Algoo-X]

I use a negative risk to reward of -10:1 and never looking back
It’s the best thing ever! You will win almost every time and whenever you do lose it won’t even be that significant because I would have won 20 in a row 🔥

[kennykamei]

Whatever you explained is simply called scalping. High risk, less reward but high probability trading. No offence but you didn't have to beat around the bush so much.
The other side of trading is lower risk, greater reward but lesser probability.
It works both ways. Trading is always a balance between risk, reward and probability. It's called the trader's equation.

[ruthryan]

what do you mean probability beats reward to risk. You cant divorce win rate from reward to risk because they are intrinsically linked. Win rate goes up then R:R goes down and if R:R goes up then win rate goes down. That's why best to talk about expectancy rather than probability. You could have a 90% probability of a win but be risking 100 to make 10 and thus even though you have fantastic probability your positive expectancy is actually in the negative

[holdem]

If one does such a random entries of course he needs to take profit soon, thats absulately correct. But if you get proper A+ entry with higher tfr bias its different story.