Lost 7 trades in a row this week, how often will this happen again?

Discussion in 'Trading' started by metatrader54, Oct 11, 2019.

  1. Never had such a bad lose streak before, but risk is controlled.

    I know getting lose streaks happens, but never had any above 3-4.

    I know this is possible on paper and in theory.

    But how often does this happen to you?
     
    murray t turtle likes this.
  2. Turveyd

    Turveyd

    When trading well I've been known to win 20 in a row and badly losers in a row, literally.

    Sure your not doing something different?

    Recently wasn't getting enough profit on my trades, running a tight SL which meant i was just waiting for SL to fill, which caused a string of losers.
     
  3. Nope, nothing different at all!
     
  4. Turveyd

    Turveyd

    Bad runs just happen, don't let it mess with your head.
     
    remogul92 likes this.
  5. zdreg

    zdreg

    Only on Sundays.:)
     
    Last edited: Oct 11, 2019
  6. If you know your win rate r you can trivially calculate the probability of a certain sequence length N of your trades being all losers as (1 - r)^N. E.g. with 40% win rate almost 3% of trade sequences of length seven will be all losers.
     
    remogul92, Nobert and metatrader54 like this.
  7. Handle123

    Handle123

    I have lost 23 trades in a row twice in my time, I imagine one day will break this as well. How is we seldom ever think much of profitable trades in a row but we get all out of favor for losing? Systems cycle to ever changing conditions and before you know it will return to what is normal for your methods.
     
  8. biduece

    biduece

    I guess depends on your winrate. what's your winrate historically over 250 trades let's say.
     
  9. easymon1

    easymon1

    mr snuskpelle - ref hand signals touchdown.jpg
     
  10. easymon1

    easymon1

    mr metatrader54,
    Congratulations on staying in the game.

    number of losing trades in a row

    sixteen losing trades in a row 85% capital preserved, not too shabby.jpg

    cued to the spot of interest:


    max drawdown

    mae
     
    #10     Oct 11, 2019
    Nobert and metatrader54 like this.