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Using absolute numbers in trading.
http://www.financial-spread-betting.com/Good-money-management.html PLEASE LIKE AND SHARE THIS VIDEO SO WE CAN DO MORE! What do you think about adhering to absolute numbers? eg. When I am up $ x I will close the trade, or I will only trade from 9:00 am to 12 pm etc. or I won't make more than 3 trades a day, etc. Generally it is a bad idea to focus on the money when trading. Redoing.
1) If I make X dollars I will close the trade - I think that's a bad idea; focusing on just the money is no good when it comes to trading. This is because you won't be looking at what the market could potentially give you so you would be missing out. I know its very tempting.
2) Trading between certain hours - this is a good idea and I do it mysel as it plays into your strengths. If you are no good trading opens then simply avoid these hours.
3) Trading not more than 3 trades per day - this is also a good strategy. Most people are tempted to keep opening trades until they are profitable for the day and this can easily lead you to overtrading...
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https://www.youtube.com/watch?v=jtT2KFHgqSoAbout the Site 🌐
This site provides links to random videos hosted at YouTube, with the emphasis on random. 🎥
Origins of the Idea 🌱
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. 🧠
Challenges Faced 🤔
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. 🔍
Creating Truly Random Links 🛠️
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube 📺
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. 🌟
Content and Users 🎵
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact 🤑
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. 📈
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