Is trading really based on math or on magic? A lot of beginners in trading stocks think that trading is magic.
They think some famous people have a magic formula or strategy that is right always and in any market.
If you think the same thing apparently, you will lose all your money trying. All big guys, mutual funds or anyone
in the stock market do not use magic. So what they use? They use math to trade. We mean by math calculations for risk
in the trade itself and risk in managing the account. Stop loss, position sizing and other good stuff can lead
to better use calcualtions then relying on magic, luck, and dreams.
Thank you for watching.
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