These and other papers out of the same group in StockholmQuote from hihi:
Here you have two articles about this paradox applied to trading
http://citeseer.ist.psu.edu/cache/p...CR.pdf/parrondo-strategies-for-artificial.pdf
http://sais.se/mthprize/2002/almberg2002.pdf
invoke the name "Parrondo" but do not construct actual
Parrondo games.
I have attached the original note from Nature. You will note
that Parrondo game "B" is composed of two sub-games,
one of which has to have a positive expectation. So the
Parrondo two game paradox actually consists of three games.
It is not applicable to trading because if you have three
uncorrelated games, one of which is a winner, you are
better off just playing the winner combined with cash
rather than with one or both of the losing games.