Quote from Trader666:
Wow, for a self-proclaimed expert you show zero understanding of the most basic stuff.
Given the info the OP provided, 3 consecutive losses right off the bat would leave 27.5% of the original account remaining (.65^3), and the probability of that happening is .05^3 = .000125, or .0125%. In reality the trades would probably not be independent but the probability of 3 losses in a row still wouldn't be anywhere near 17%.
Now I understand why you've stuck up for Hershey in the past. And you're certainly in no position to call anyone else an idiot.

