Some of the overriding factors in trading are opportunity, position placement and money management. Get any of these out of kilter and your trading strategy goes up in smoke.
Let’s look at Tennis and Football to understand what I mean.
Skill differences are slight across a lot of sport, but have you noticed how there can be some wildly uncompetitive matches in Tennis but in Football the opponents always seem to have a chance?
Football
Football is a game dominated by two factors. One …