Fun Facts - Sim Day Trading Statistics

Discussion in 'Trading' started by ironchef, Nov 6, 2024.

  1. padutrader

    padutrader

    not today but losing is part of trading. if you keep doing the right thing you will make money.

    and just because an idiot like me loses does not mean the method is wrong.

    if you are saying i am an shitty trader there is enough proof of that, all which i have given myself.
     
    #11     Nov 7, 2024
  2. padutrader

    padutrader

    yes

    everything starts with 1-2 days
     
    #12     Nov 7, 2024
  3. Sekiyo

    Sekiyo

    The method is not even wrong.
    As it’s not even testable.

    Nothing wrong with you Padu.
    But stop fooling yourself.
     
    #13     Nov 7, 2024
    SimpleMeLike likes this.
  4. padutrader

    padutrader

    it is discretionary.

    and that is why it is powerful
     
    #14     Nov 7, 2024
  5. padutrader

    padutrader

    it is you who are in denial.
     
    #15     Nov 7, 2024
  6. Sekiyo

    Sekiyo

    Can’t even wish you good luck…
    You’ll need much, much more.
     
    #16     Nov 7, 2024
  7. Sekiyo

    Sekiyo

    Keep posting your break through while being down and resetting.
     
    #17     Nov 7, 2024
  8. padutrader

    padutrader

    if you are not considering probability, in your trades something is wrong with you
     
    #18     Nov 7, 2024
  9. Sekiyo

    Sekiyo

    I don’t care about probability,
    I do care about absolute returns.

    I am not here to guess what’s the outcome,
    I am here to make money in the long run.

    I am not against improving P(x) on a relative basis,
    As long as it improves the overall performance,
    But if the system is indeed profitable,
    I don’t mind if P(x) is 1/3 or 2/3.

    Good luck predicting noise with high accuracy,
    And losing more money than is being made.

    Didn’t brook said the next trade is 60/40 ?
    But again … He doesn’t have a clue.

    Because as per the thread …
    It’s more about the implied probability.

    The implied probability of a 3:1 trade isn’t 60/40
    But it’s not even the point because …
    A 3:1 can have a P(x) of 1/2.
    A coin flip. Yes.

    Unless we’re trading at random.

    IMG_1597.jpeg
     
    Last edited: Nov 7, 2024
    #19     Nov 7, 2024
  10. Good Morning ironchef,

    How many trades did you take?
     
    #20     Nov 7, 2024