Recent content by CheckM8t

I should hav phrased the question better. I'm not looking to compare specifics of a system, I'm interested in comparing # of losses in a row of consistently successful daytrading systems.

For comparison purposes, I'd like to know, on average, how many losses in a row do experienced daytraders routinely encounter with their tested and proven systems? Also, what was the max number of losses ever experienced in a row?

Thanks for the responses...I get it now. There was one comment from Occam I didn't quite understand: "By the way, "better than 50/50" is largely meaningless in this context, as the returns of investment strategies are hardly ever (if ever) symmetric." I've read several times and places...

Many traders in many threads reference their edge. I'm having a hard time understanding what exactly an edge is since a lot of what I read says no strategy is better than 50/50 in the long run. Can an edge simply be strict discipline, effective risk management or profit maximization when a...

Thanks for the replies. A main reason for this thread is because when I enter a trade with a full position, I tend to hesitate because I can't seem to seperate the $$ associated to each trade. If I start small, then add if price goes in the right direction, I tend to be more confident, less...

Knowing that once a daytrade is put on, there is roughtly a 50/50 chance of price moving in the right direction, and any trade can last from a few seconds to a few hours. I'm lookeing for some ideas on trade management, once my strategy signals an entry. Has experience shown that entering...