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6min chapter
45 - Visualizing Probabilities with the Expectancy Simulator
The Trade Busters
Intro
This chapter explores the use of an expectancy simulator as a tool for visualizing probabilities and understanding risk management in trading. It highlights how even traders with a high win rate can suffer losses and the importance of using the simulator to enhance decision-making through visualizations.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode