How do you decide which trades to skip?

The trades you skip are invisible on the statement but often more valuable than the ones you take. Beginners measure activity; experienced traders measure selectivity.

How do you decide which trades to skip? — risk-reward diagram
A risk-reward ratio of 1 to 2

What's your skip list?

  • the conditions that automatically disqualify a trade
  • how you recognise a marginal setup
  • the best skip you ever made
How do you decide which trades to skip? — leverage and margin diagram
Leverage: a small margin controlling a larger position

The expectancy guide shows why fewer, better trades beat more, worse ones.

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