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All moments › He Figured Out What 99% of Traders Never Do | Ft. Loma

Buying back in after selling is logical; most traders emotionally avoid re-entry despite probability favoring it.

From He Figured Out What 99% of Traders Never Do | Ft. Loma · jumps to 1:23:37 · speech

▶ Open at 1:23:37 on YouTube
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Well, yes, but you can always buy back in it's not like once you sell you're not allowed to buy right? It's a it's a very weird way of thinking that most people have and I I can only Believe that that's because it's an emotional perspective more than a logical perspective because when you look at it Purely through probability you should be trading then the thing that happens nine out of ten times or even Times compared to the one out of ten two out of ten It's very interesting I just did a video on this where I went through with my strategy and I got all I used like, you know Claude to basically get all of the stats like okay How often you know after this happens does this happen and like there's this very common idea and trading at least This is more specific like price action trading where it's like, okay, we just took out like high yesterday's high I'm now getting a short. Okay. That's a you know decent idea. You just took out a high Maybe we had target a pullback. I'm now gonna target all the way to yesterday's low and there's all these videos on YouTube That is basically debunking where it's like yeah, you know every time we take out the prior days higher low You take the opposite side and write it the other direction one out of six times after taking the prior days higher low Do we actually go all the way to the other side of candle five out of six times we retrace, you know a little bit But then generally like that's it for like the next five days And I was like so these people are creating this strategy to your point around the thing that happens one out of six times
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