The Trade That Looked Almost Risk-Free (Kyle Bass)
2,532 views · Published 7 February 2018 · 8:17 · Indexed 25 September 2026
Channel: The Duomo Initiative · 2018 · Education
✅ Free Training: Learn my logical trading approach from 20+ years in the markets → https://www.duomoinitiative.com/free-training/?utm_source=youtube&utm_content=5Pv7N6THGSU 🔄 Build the system for better decisions, consistent results and faster progress → https://www.duomoinitiative.com/ctm/?utm_source=youtube&utm_content=5Pv7N6THGSU A lot of traders judge an opportunity by how likely it is to work and give almost no thought to what happens in the cases where it doesn't. That's how people end up with strategies that produce small profits for months and then destroy the entire account in a single session. This video is a reminder about asymmetric risk and return, why a high success rate on its own tells you very little, and how to assess the long term outcome of a strategy instead of just the next trade. Trading probability video: https://www.youtube.com/watch?v=TBU-GfOPnmQ ----------------------------------------------------- ABOUT NICHOLAS PURI: Nicholas has been obsessed with the markets since 2002. By 2012 he'd made enough trading profits to leave his career in banking to become a full-time trader. That year he co-founded an asset management company and spent 2 years with a team of traders and researchers developing what would become the Duomo Method and Market Theory. Since then, he's worked with top investment banks, hedge funds, fintech companies, and even politicians. The Duomo Initiative is here to share our discoveries with other traders.