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  1. #1
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    what is high probability trading?

    this is my second thread and you can find my first one which also has some relations with this one here with the link http://forum.roboforex.com/threads/2...ategy-on-forex . it is another discussion which talk more about trading in deep thinking, not just from following signals from indicators or our strategies. in a nutshell, we will be trading in value with market.

    what is high probability trading really mean? according to my view, it is when we have all the good aspects in trading which we have been prepared for months or years of learning and practice. it is not an instant process and of course we need to remain as patience as possible until we really understand all things about trading from its basic to the core. as another note to remember, we may learn many things but only choose to learn things we really need in trading and suitable according to our ability to understand.

    high probability of trading can be defined when trader has:
    1. more than 50% success ratio.
    success ratio would only increased when we able to trade carefully and follow our analysis in high discipline. as long as we stick to the plan, things will go smoothly. remember not to look after holy grail system or such thing as perfection in this business because it is just a wishful thinking, not a reality.

    2. trade with higher reward and smaller risk.
    it is obvious to know this as good traders would be defined as good ones unless they can limit their risk into minimum amount and make stable profits. not so big but at least we make it consistently even the amounts are small.

    3. patience to wait until market gives us patterns to follow.
    never and ever create your own opportunity with market because it will not tolerate any of us here for any reasons unless we wait in patience and use our strategy in correct way.
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    4. we trade on what we see on market, not what we think and what we read on internet.
    focus on our own analysis first. do not let other things outside to bother our concentration in trading. we may look out for news information on internet but try to avoid rumors there. use your own calculation both in news and technical trading.

    5. is the price at the high probability zone?
    we need to know this and we can simply check this zone through support and resistance levels. previous support could be the current resistance levels so pay attention to this. things about support and resistance are not fixed as they are changing as market moves in time.
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    6. do we got another confirmations from different techniques or strategies?
    let me give some examples about this. we use couple indicators to trade such as zig zag, macd, and rsi. according to zig zag, we see market is trying to move up. unfortunately another indicators tells things differently and we are suggested to wait for more movements. so according to this point, we must wait until 3 of indicators gives us full clearance about market.

    7. is the price in the trend or sideways?
    this is pretty easy to do and we do not need any specific indicator. try to observe market in daily or weekly time frames. usually when market moved in one direction and never break trend lines or channels, it means market is on trend. otherwise if market has small to average movement, it means market is consolidating.
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    8. is the price move along with our fundamental or technical analysis?
    before this, we must decide first which type of analysis we want to do and follow. when we decide to trade with fundamental , then try to understand market in fundamental way. and so when we choose technical analysis. when our analysis gives us signal to enter, we must not hesitate and take it. never trade without having a single analysis to support us first.

    all these 8 points above seems too common to know but actually they are being avoided many times by traders because they do not consider them necessary things to evaluate and to learn. what about you guys? do you have your own idea about how to trade in high probability? please write your comments below and let us discuss it.

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    Quote Originally Posted by sniper007 View Post
    Higher probability trading comes in line with the knowledge and skills we have got. for instance, every trading strategies has the higher winning probability trade, it all then depend on the trader who is making use of it to figure it out. Also, we should know that before a trader will be able to figure it out, they should have been in the market for a long time and should have made stronger analysis.
    This strategy totally depend upon the trader experience and strong trading skills if anyone take these both thing perfect then he can easily start our trade on market and try to increase good profit or loss from it. High profitable strategy always give him high profit but trader have need to working time with good planning and learning then achieve success possible for him.

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    All we are hoping for is to keep building a trade that will likely increase our chance to which we can make profits from trading. Building a high probability trade is a nice step and such trading will increase our chance to come up with trades that will go as far as seeing that we can make it at the best time. These type of trade have huge potential of giving us profits and it will be good we build such system that can help us to gain with a better chance.

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  4. #1483
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    Trader have easily develop everyday successful high profitable strategy for trading but only that situation when trader spend more then time to analysis the market without powerful trading method then you can get good opportunity to everyday success on this business and easily increase a lot of good profit or loss from it.

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  5. #1484
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    Without discipline that always results from practice, we can have high probability trades, there are different ways we trade this market that makes us earn money, high probability might not always come as regularly as other method of trading, but if we know what we are always doing, we will make something good from this business, because we are trading the right way.

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  6. #1485
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    High probability trading means that trader makes constant earnings in forex market and most of his trading decisions are right. We can not speak about one particular order because every trader has losses sometimes but losing orders have to be closed quickly and new orders should be opened in market direction and trader have to follow the price.

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  7. #1486
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    Quote Originally Posted by Saad Ahmad View Post
    This strategy totally depend upon the trader experience and strong trading skills if anyone take these both thing perfect then he can easily start our trade on market and try to increase good profit or loss from it. High profitable strategy always give him high profit but trader have need to working time with good planning and learning then achieve success possible for him.
    I don't think we are to look for perfection in the market. Because there is none, the market is complex, what we should rely on is the best means of improving, therefore, the simple thing needed to be done is that we should follow one trading strategy for a long time, that will give us the approach appropriately for us to have a higher probability winning trades.

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  8. #1487
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    High probability trading simply means taking trades that has the highest probability of winning,every strategy has a time when they give a very strong signal in the market and if you uses your strategy everyday you will become use to the various signals it gives in the market,so you know actually when it gives a good signal or not.

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  9. #1488
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    High profitable strategy for trading are wish for every trader which are working on this business. You have need find that market real direction and powerful trading tool which are helping us to make everyday strong and high profitable strategy for trading however when trader fell down in market then always earn high pips good result.

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  10. #1489
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    Quote Originally Posted by jassim View Post
    High profitable strategy for trading are wish for every trader which are working on this business. You have need find that market real direction and powerful trading tool which are helping us to make everyday strong and high profitable strategy for trading however when trader fell down in market then always earn high pips good result.
    Wishes are fulfilled when we work for that and so in trading we should try to have a strategy giving high probability trades. That is how trading has to be but many of us are trading with low probability trades due to lack of enough knowledge. So the main thing for us in this business is try out different methods of trading and increase our knowledge of market analysis.

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  11. #1490
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    @geddam
    and looking for a higher probability strategy that is needed and regulates good money management that suits us, money management does not drive but adjusts to our abilities and applies to our strategy to support whether or not a money management kuta in our strategy, from all that can according to our mindset.

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