As one of the ones that gave a negative post in the other "increase size with drawdown thread" I thought I should chime in here. Most people...
LOL... I have to ask...what is your target price, time frame before the trade is profitable, and what is your stop loss price? You just using...
+1 or does not trade at all. It has been my experience with running loads of statistics on any type of system you can dream up that there are 4...
Did you not read the second set of MC sim that show the EXACT same thing using profit factor? The first set looked at equal EXPECTANCY and the...
Do you think that all professional football players learned to throw and catch a ball from NFL athletes? These are basic things that any trader...
I'm done on this subject...seriously believe what you want I don't care. Until you or anyone else provides some data or proof then what you...
Wow,...I read this and said...YOU have lived my life exactly,..with one minor exception. I do not have a trading group to join in my area. I...
Let me correct this,...."you could have a win rate of 0.000000001% and still be profitable" THAT too is a TRUE statement. Only problem is that...
I do trade with real money and make good money doing so and have been doing so for years now. You can call me ignorant all you want but you have...
PROVE IT.:D
I am sure you could show how the MAX gain from such a system is profitable but at the cost of DRAW DOWN!!!!!!!!!!!!!!!!!!!! THAT IS THE POINT...
You can make up whatever formulas you want to address trading however you view it in your head but these formulas I have given are not made up....
HTR, You and I agree completely and are saying the same thing. I am only pointing out that Probability of trade winning is NOT irrelevant....
+1,000,000...couldn't agree more!!
Because he knows more about trading and risk management and psychology of trading than you apparently do. Also because Jack Schwager (world...
Yes this has been proven many times over to be a BAD idea. Go read any book by Dr. Van K Tharp and he will discuss the subject of Martingale...
90% system with PF = 2 and 1% risk
10% system with PF= 2 and 1% risk
90 % system with PF = 2 and only 0.1% risk
WOW,....I didn't mean to spark such anger on this board. Just trying to engage in a HEALTHY discussion about Probability win rate and Expectancy...
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