In order to succeed in Trading futures, you have to learn how to bet. This means:
1. Only bet when the odds are in your favor. You must statistically dominate your opponent.
2. Bet in a methodical and controlled manner. Your total risk is decided before you place your bet, and so is your profit taking and/or pyramiding strategy.
In order to discuss betting in more detail, and teach winning concepts critical to trading success, we are going to the casino to play craps. By the time this video is done, you will know how to play a winning craps game, and you will have the place betting foundation required for your trading program.