Everyone talks about only trading these "low risk" entries. If you listen to most of the talk on ET, it's all about "discipline", "waiting for the high probability entry". Either that, or it's "entries don't matter... it's how you manage the trade after entry that's important." The message to the newbie trader is that it's all about your psychology. ie. Most traders aren't profitable because they don't take stops, or they overtrade, or they "don't listen to the what the market is telling them", make mistakes, etc. But if you backtest any setup you've heard of... they're all negative expectancy. (if they weren't, you'd just set up a computer to trade them all day long and take your psychology out of the equation). My question is............. Where are all these "high probability, low risk entries"????