Locke In Your Success Podcasts

In this video, John dives deep into the often misunderstood world of trading probabilities and backtesting. He begins by breaking down the difference between theoretical/statistical probability and contextual/situational probability, focusing on what most traders rely on: theoretical probability. John explains how traders use tools like option delta to estimate probabilities and why these estimates might not always be as reliable as they seem. Join Us! - https://www.lockeinyoursuccess.com/memberships/ 00:00 - Trading Probability 00:48 – Theoretical / Statistical Probability 01:53 – Option Delta Probability 04:07 – Falsehood – Not True! 05:30 – Backtesting Probability 08:19 – Have This Awareness 10:25 – Decision Points 13:53 – Join us! Join our Market Outlook Membership! https://www.lockeinyoursuccess.com/market-outlook-membership/ John Locke has been working with options for 20+ years and has built himself up as a leader in the stock options trading industry. Having trained now hundreds of traders, his na