Yes, probability is important, but the key thing is to have an edge. That's what separates the winners from the losers. Think of a roulette wheel. The casino's edge is the white zero slot: that's what ensures they make good money over time. The result of any one spin of the wheel is luck which, occasionally, favours the punter. Over time though, the punter will lose all their money to the casino.
Tim.
Hi Tim and all, hope everyone is keeping fine and dandy and raking it in. You may have guessed I stopped day trading some time ago - lost the concentration and stamina for it - hence my absence.
Given the legion of evidence that overwhelmingly supports my viewpoint that's accumulated while Jon's been away, I have every confidence that he will have done a u-turn on his previously held position, much as I did back in the heady days of Brexit - when I went from taking the pi$$ out of hard line brexiteers like you - to becoming a staunch advocate of leaving the EU.
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