BSA
Solution: 4/7 as a percent is 57.143%
To convert from a probability to odds,💸 divide the probability by one minus that probability. So if the probability is 10% or 0.10 , then the odds💸 are 0.1/0.9 or '1 to 9' or 0.111. To convert from odds to a probability, divide the odds by one💸 plus the odds.
Having a plan while trading is very important. Assuming you'll be one of the profitable ones, it'll👄 likely take six months to a year trading/practicing every day until you are consistent enough to pull a regular income👄 from the market. If you make money in the first couple months it's likely pure luck.
Many people put in multiple years before breaking into consistent (or even any) profitability. It takes at least a👄 year to consistently make money from day trading or swing trading, if working at it full-time or with a mentor,👄 and only working one (maybe two) strategies. Six months is the quickest; most take longer.
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