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Entries in high probability trade setups (1)


High Probability Trade Setups

Use High Probability Setups To Increase Your Winning Trades

There are those rare individuals who can just look at a market, size it up, put on a trade and knock it out of the park. Are you one of those guys? Me either. I thought I was. In fact, I was certain of it, so I would open my charts, have a look around and take a stab at it.. and then another, and another.. until my account looked like Swiss cheese. Finally sanity overwhelmed me and I decided there had to be a better way. 

Turns out, the better way was learning to recognize a High Probability Setup. So how does one define a high probability setup? Basically, it's about entering the market at a specific price either long or short, where the odds are greater that price will travel to your Target before it hits your Stop.

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