In my last post, I mentioned that if you control your downside, your upside will take care if itself. Some of you will be wondering how could that be! Then I believe it's time to explain trade expectancy. This is a concept most commonly used by the casinos, high frequency traders and forex traders. Before we go on, (for those who have not yet read my previous post) , A Thing Called Risk is the first part of achieving profits with 50% win rate. If you do not understand or have not made it into a habit to set your maximum risk per trade, it is best to go to the link to read and re-read until it is second nature before continuing. Let's play a game of coin flipping. If you win, I will pay you $1. If you lose, you will pay me $2, After >100 rounds, I ......