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#112 Applying Analysis in Trading: Insights from Former JP Morgan Trader Clive Ponsonby

The AlphaMind Podcast

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The Importance of Leap of Faith in Trading

I think being right 50 centre time you can still make good money. You have to take a leap of faith that your theory is right in trading. I'm not sure there's anything quite in the world that prepares you for non-farm payroll day. There's no one trip that's going to work every single time. Since our catchphrase we we say often next to thousand trades yeah next one trade um but listen this has been greatUm I got a question I want to ask you before I do, how does maths fit in with a mathematicians mindset? In science it's very black and white you have a theory it's either right or wrong right in trading they're both probabilities.

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