trades with Lower probability, but have a small stop & ok Rewar9.27.21 Silver: Deciding between a short trade with a higher risk, and a long trade with lower probability, a lower risk and a good reward. On this example, at the time we are looking at it the market broke below the support area. Because of the trade location shorting the market at this time requires a fairly large stop. However, the market had a reversal at a measured move and while it's trading lower to retest the measured move it is failing to make a new low. This trade does not require a large stop, and it may very well go high enough to make it a decent profitable trade. Sometimes you will find trades that are worth taking even though their less probable than other traits, and this is because you feel they have a decent target with a very low risk. This is to illustrate the possibility that there are traits that you can take because you feel the risk is worth the opportunity... Even if the probability that the trade will work is less than optimal. The way you develop comfort with trade decisions like this is that you track your results, and this can give you a sense of whether or not you're good at this and whether or not this type of trading style will work for you. Much of the time trading is not a black or white decision. In addition, some trades are more difficult to take than others, and you will get a feel of this and use it to your advantage if you are aware of this. For myself, if it's too difficult to make a decision I will almost always decide not to take the trade. If I decide not to take a trade, and it would've actually worked, I will go back and think about this as well. My attitude is that if I don't take a trade because I don't like it and it would have worked, all I lose this opportunity. If I take a trade and lose, I lose capital and that is more significant to me.
