Trading Ruminations: A game of probabilities—and your edge

Posted by Jack Crooks

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boom bust

boom bustI layout my best available insight about the currency markets on a daily basis.  I tried to sound “smart.”  Often I tried to convey some sense of prescience I may have about currencies.  But I have no “gift of hindsight,” few of us do.  I know that.  And because I have seen some very strange things happen over the years that have drained more money from my trading account than I care to talk about (or let my wife know about), I do my best to approach markets as a game of probabilities.  I think it’s the right way to do it. 

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