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Winners add to Winners
I've already covered the notion that losers tend to add to losers. Paul Tudor Jones had a note on his desk stating this as a reminder for himself! OK.P
Why? Because if you keep adding to losers you will end up with the biggest position sizes in your largest losers which can increase the damage to your account even further! Adding on the hopes that a stock pops back up is a losing game in the long run.
The best traders add to their winners as the trades move in the direction they have originally predicted. Are you adding to your winning trades? And how do you go about adding to your winning positions without massively increasing the risk?
Related Videos
What Makes a Successful Trader? ππ
https://www.youtube.com/watch?v=R9MVOYmqPpsHow Successful Traders Think vs Losers: How to Think Like a Winning Trader! π
https://www.youtube.com/watch?v=65N79yFpXaUHow Society Programs Bad Traders: Losing Money, Being Wrong πΆ
https://www.youtube.com/watch?v=QHx4HTwzLkYWays Your Mind Tricks You Into Being a Losing Trader! π
https://www.youtube.com/watch?v=iURqJCu8BpM12 Reasons Why Most Traders Fail / Lose Money π
https://www.youtube.com/watch?v=gIpXyz03sHQThe Winning vs Losing Traders π
https://www.youtube.com/watch?v=5tUHQf-gXccHow To Be In the Top 10% of Successful Traders ππ½
https://www.youtube.com/watch?v=ACdzFxpx1uoTrading Like a Pro Series:
Trading Like a Pro 1: Habits and Patterns Of Losing Traders
https://www.youtube.com/watch?v=ZRecOyAW0YQTrading Like a Pro 2: Habits And Patterns Of Winning Traders
https://www.youtube.com/watch?v=KzdDxPMNICITrading Like a Pro 3: Mindset of Winners: Confidence, Work and Character
https://www.youtube.com/watch?v=7CWvmVTQ93ETrading Like a Pro 4: How Winning Traders Self-Assess
https://www.youtube.com/watch?v=CBCrRIiNBX8BENEFITS OF BEING A GOOD TRADER! π
https://www.youtube.com/watch?v=qCti2P-kLnABenefits of Trading & Thinking in Probabilities π
https://www.youtube.com/watch?v=68Pi2Wb5U1UAbout the Site π
This site provides links to random videos hosted at YouTube, with the emphasis on random. π₯
Origins of the Idea π±
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. π§
Challenges Faced π€
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. π
Creating Truly Random Links π οΈ
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 πΊ
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. π
Content and Users π΅
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 π€
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. π
List of ours generatorsβ‘
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