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How Yogi Berra taught me to win 95% of the time

Discussion in 'Education, Tutorials & Courses' started by ForexLive, Oct 7, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Guest post from Boris Schlossberg In my we try to hit 95% of our trades. We do this because I am firm believer in the insurance model of day trading (lots of small wins with a few large losses) rather than the lottery model of day trading (a few large wins and many small losses). Lotteries are for suckers while insurance companies are some of the best businesses in the world. I have discussed this subject many times in prior columns, but today I can across another reason why my model is working our chat room.

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