Search results

I guess job well done to this point. But that was a very special case of equal risk and reward at each step of the random-walk. What about if the loss is L(k) and the win is W(k) with avgL < avgW ? I mean I don't know how the special case relates to the general case where the win and loss...

R{infinity|X|C} = (q/p)^(C-X) if q < p OK, I say fine for a moment and let us assume that the win rate is 55% in an unfair coin toss game in which you pay $1 when you lose and receive $1 when you win. According to the formula, if you start with $1 the probability of ruin for growing to an...

Since you have no clue what the job of a pit trader is, in the few pits left, and of the fact that he knows more than price action, including the order flow, please refrain from exposing yourself.

Sure, sure thing, you pocketed 10K of profit due to positive expectation and then lost 100K of capital due to a negative expectation of the broker system existing for longer. I think you haven't learned any lessons being a member of these fine forums. You can have a positive-expectation...

Most neophytes, wannabe traders, understand no math and cannot figure out what an ATR, RSI or MACD, even an MA does so some snake oil salesmen sell PA to them because every future loser thinks he understands support and resistance and a breakout. This is basically fraud. PA without detailed...

Check the data sources on this link. Very informative and also includes links to free daily futures data you could use http://tinyurl.com/co75nur

risk/reward = R/realized profit where R = Max{initial risk, realized loss}

I wouldn't say "abundant". That's very many. Plenty means many (mnogo in Russian) Some means enough (nekotoroe in Russian) So I think plentysome means "more than enough" but not too many.

What good is a pound? or a meter? or the area of a rectangle? If your win rate makes money it is a good win rate. If it doesn't, it is a bad win rate.

Watch your language here...These posts stay...If you want to insult people talk to you own family. Not here... You did not use any information. You messed up with the information. You played like a kid plays on the beach with sand. You exhibit a total lack of formal education. I...

Win rate is defined as #wins/#trades Therefore, you can only know your win rate after you place your trades. As a result, you cannot know which risk:reward ratio to use, before you place your trades. Win rate is a r. variable. Its value for certain time periods can range from 0% to...

You can only use these calculation when there is a sufficient large sample. If you have ever taken a course in statistics and probability you should have learned that the average is a good estimator of the expected value only for sufficient samples. Besides, why do you think the...

A 35% win ratio with a high percentage of bankroll invested is a combinatiuon that leads to ruin fast. I think the win rate must be > 50% to avoid ruin. We had a whole discussion about this in another thread. Just read this article about the performance of trend-following funds this year. It...

They have no idea of what they are talking about on that blog. One pig-ignorant guy is attacking another pig-ignorant guy. Trading systems created by evolutiononary processes are basically curve-fitting systems unless a number of conditions are met, which I am not going to discuss here...

This formula makes no sense.

I bet you don't know the algo.

When you hear that Italy joined the IMF, you will know that someone was bull trapping you.

Only if you can find a counterparty that can lose consistently $2K per day. Possible... The issue is to find the willing counterparties. Setting up a brokerage essentially achieves this in the form of charging commissions.

You should see a doctor immediately...

The Greek PM sold out Greeks during the last two years by not negotiating a haircut on total bond debt immediately but instead took loans with collateral guarantees that were used to retire expiring unsecured bond issues. Then, the ECB bought the remaining bonds from the German and French banks...