Good question. The 7 pieces of evidence allow you to analyze probability. You don't have to wait for all 7 to align to take a trade, but the more you have aligned, the higher the probability. Then it's up to your risk tolerance how much probability you want before you're willing to put your money at risk.
Like everything else in trading, the highest probability scenarios are rare, which is why good traders learn to be very patient people.
Interesting! I wonder... Historically, like over the last 10 years, how many times were all 7 pieces of evidence pointing the same way? And what percent of those 7 of 7 events actually were followed by the movement they were supposed to predict?
Good question. The 7 pieces of evidence allow you to analyze probability. You don't have to wait for all 7 to align to take a trade, but the more you have aligned, the higher the probability. Then it's up to your risk tolerance how much probability you want before you're willing to put your money at risk.
Like everything else in trading, the highest probability scenarios are rare, which is why good traders learn to be very patient people.
TopDogTrading 4 years ago
Interesting! I wonder... Historically, like over the last 10 years, how many times were all 7 pieces of evidence pointing the same way? And what percent of those 7 of 7 events actually were followed by the movement they were supposed to predict?
KennyWrites 4 years ago