do day trading strategies really work

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http://www.marketgeeks.com - There are several day trading strategies that work in today's volatile markets. Many of these strategies are too complicated to learn and do not produce enough profit potential. Learn simple to use day trading strategies that will work today and in the future.

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Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

Copyright © 2007-2013 Market Geeks, LLC. All Rights Reserved.

2 Factors That Determine Success

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Free Trading Report

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2 Questions I Get Asked Daily

Does Day Trading Work?

Can I Make Money Trading?

These Are Not Simple Yes And No Questions

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Trading Can Be Very Simple And Complicated

Stop Loss

Bet Sizing Monte Carlo Simulations

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Two Factors Determine Success Or Failure

You Cannot Succeed Without Mastering Two Important Elements

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Profitable Trading Is Simple Math

1. Winners Must Be Bigger Than Losers

Or

2. Percentage Of Winners Must Be Higher Than Losers

=

Positive Expectancy

Your Trading Method Must Have Positive Expectation Of Profit

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Simple Formula

Answer These Questions

1. What Percentage Of Your Trades Are Winners 2. What Percentage Of Your Trades Are Losers 3. The Average Amount You Win 4. The Average Amount You Lose

Plug The Answers Into This Formula

(Average Winner x Win Rate) – (Average Loser x Loss Rate)

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Simple Example Of Positive Expectancy

Answer These Questions

1. 50% Winners 2. 50% Losers 3. Average Win $2.00 4. Average Lose $1.00

$2.00 * .50=$1.00 $1.00*.50=$.50

Positive Expectancy .50 (The Higher The Better)

(Average Winner x Win Rate) – (Average Loser x Loss Rate)

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Psychology And Self Sabotage

Mastering Psychology Is Just As Important As Expectancy

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Difference In Thinking

Beginner Fears = Cut Winners Hope = Keep Losers

Professional

Fear = Cut Losers Hope= Keep Winners

Do You Notice Any Difference?

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Master Expectancy And Psychology

You Need To Master Both To Become A Professional Trader

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Thanks For Watching

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