Al Brooks webnar

股海拾贝

Link is here: http://www.youtube.com/watch?v=J6lL2pdvV7w

One topic I am not fully understand is at around 13 min. He talks about trade target selection. His point is the higher success rate, the less you need pocket. strange idea.

股海拾贝

@24 min. He summarize his trade management style.

For 60% probably trade, take 1x risk.
For 40-50% probably trade, take 2x risk.

oldcat

He said if the probability is low, you need set higher target to make up the low probability. I disagree with him on this, since higher target will make the trade even less possible to success.

股海拾贝

Yes. this is the part puzzles me.