It's funny I actually intuitively did this with analysis for years and it gave me a hierarchy of importance for different technical metrics and is the basis of all my testing today. It's not an exact science but repetition of this will give inch by inch progress towards knowing market direction probability.
I think about this every time I touch a chart. It cannot be that 95% lose money. That makes the 5% winners multi-billionaires and all those 95% stupid.
some are good as they are practical and supported by strong logic. The Duomo channel is recognizably distinct. I love it when Nicholas gets articulate as he knows his stuff.
🔹 Get FREE access to the Duomo Trader Development Program: duomotrading.com/FreeDuomoTraining 🔹 Add us on Instagram: instagram.com/duomoinitiative/ 🔹 Our second channel for financial news and analysis: ua-cam.com/users/MarketMoversFinancialNewsandAnalysis
It's funny I actually intuitively did this with analysis for years and it gave me a hierarchy of importance for different technical metrics and is the basis of all my testing today. It's not an exact science but repetition of this will give inch by inch progress towards knowing market direction probability.
Fantastic video !!
finally a continuation of a series of videos, hope too see more !
This guy is the best !!
Great video. I get sick of hearing 95% of traders lose though. The studies used to come up with that number are garbage
I think about this every time I touch a chart. It cannot be that 95% lose money. That makes the 5% winners multi-billionaires and all those 95% stupid.
not 95% but 70-80% according brokers statistics
@@royal051093 that seems about right
Very well explained Nicholas. Thank you for the advice. 👍
Thanks Ben, appreciate it!
This is a quality channel. Just found it yesterday. Majority of the rest on UA-cam are trash.
some are good as they are practical and supported by strong logic. The Duomo channel is recognizably distinct. I love it when Nicholas gets articulate as he knows his stuff.
Exactly what I needed, thanks.
Glad it helped! Have a good weekend
damn. the flywheel approach is what we should do for every game or task.
Awesome
Thanks dalliboy!
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Pretty good video bro.
Hai Nicholas, what should be my realistic expectations on average monthly results on trading? Currently I've started to breakeven consistantly 😅
Depends on your strategy bro
@@niobull2206 cap, scam.
Well done ✅
Thank you!
What exactly do you trade? I know you not a fan of BO..
Nick Purri strikes again
😂
196 to like here
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