How to look for High Probability Trades = Profits!

What is a High Probability Trade?

A high probability trade is a trade that has a favorably high chance and likelihood of success.  Of course the goal of investing is to see positive results, but nothing is certain as there are many factors that determine the fluctuation of the market, even the best traders have losses.  This is why you must ensure you stick to a trading plan and set your risk parameters prior to taking a trade.

Serious traders use a practical approach to analyzing market behavior, identifying profitable trade setups, and executing and managing trades—from entry to exit—that will allow them to both preserve and grow their capital.  They have High Probability Trading Strategies.  They don’t waste their time trying to make something out of nothing, the HPTS allow traders to look for multiple confirmations in before considering a trade, which gives them the inclination that it could possibly be, for more reasons than one, a high yielding investment.

If they don’t see these confirmations, they move on to the next opportunity. No need to chase trades, there are always opportunities to gain in the Forex Market, remember it is open 6 days a week, 24 hours a day! It just takes practice plus patience which equals skill which leads to higher profits.

So what do they look for in order to yield a high-profit kind of result? I have included a PDF file for you. Use this to analyze your favorite currency pair.

 

 

 

In High Probability Trading Strategies, author and well-known trading educator, Robert Miner skillfully outlines every aspect of a practical trading plan–from entry to exit–that he has developed over the course of his distinguished twenty-plus-year career. The result is a complete approach to trading that will allow you to trade confidently in a variety of markets and time frames.

 

 

*Disclaimer: We do not make income claims. Past profits do not guarantee future results. The success and potential earnings are based on the person using the methods, ideas, and services.

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