probability

How likely something is to happen, like a 60% chance of rain. It is a chance, not a promise.

The fuller meaning

The likelihood of an outcome, estimated from many past cases. Patterns and indicators give probabilities, not promises, so traders know where each idea is wrong, size small enough to survive the losses, and judge results over many trades.

probability.

Related words

asset · broker · buyers · chart · day trader · entry · filter · forecast · historical data · instrument