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

[metatrader54]

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?

 

[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.

 

[metatrader54]

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.

Nope, nothing different at all!

 

[Turveyd]

Nope, nothing different at all!

Bad runs just happen, don't let it mess with your head.

 

[zdreg]

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?

Only on Sundays.

 

[Snuskpelle]

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.

 

[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.

 

[biduece]

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?

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

 

[easymon1]

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.

mr snuskpelle -

 

[easymon1]

I know getting lose streaks happens,

mr metatrader54,
Congratulations on staying in the game.

number of losing trades in a row

cued to the spot of interest:

max drawdown

mae