Certainly, which is why most fail.
Trading is gambling (in the proper use of the term), but that's also entirely different discussion. I don't agree, since we don't know...
Basic instinct in 'demanding' times is to overreact, so yes, in one sense it is not as bad as many think. On the other hand, it is worse because...
Close, but I was asking whether it's enough, as it isn't for many traders. He has since stated that it is though.
So every one of your trades wins. No? Then the "random luck factor", aka "variance", is existent. If it is existent for one trade then it exists...
You have to develop a good trading strategy and trust it. It's best to become apathetic about shorterm results, as caring about losing trades or...
If we know we'll hit 60% going forward, 10% is fine. The fluctuations of bankroll will be massive, but in terms of risk of overbetting it is fine...
I don't stop trading. I don't set myself a daily loss limit, as it makes no difference whether I lose $500 today and $500 tomorrow, or just $1000...
"If you mean from this that a system with solid underlying logic shows during a live trading performance review that real trades have current +ev...
I assume you realise you won't get much screen space, at least not if you're used to using 2+ larger monitors. Five feet from the desk, I suppose...
I'm not sure what would be worse, having the mouse die or net connection drop. Not so bad unless I'm it's in the split second I am adjusting my stop!
I actually agree with much of what you say. A lot of info is people pulling statistics out of their rear end. "I, like other traders for the...
Obviously I'd prefer a profitable trade rather than a losing trade, but my comfort and confidence comes from the philosophy of my trading style...
What a buch of nonsense. That's $100k a year mate, which, unless you live in a ridiculously expensive area, is enough to provide a very...
The problem is we're addressing different things. " You write about âPerceived expected valueâ and âTrue expected valueâ where no such...
Rabbitone, I haven't mentioned using perceived expected value for trading at all. You also seem to be confusing expected value with perceived...
Rabbit, I have no idea what your last post has to do with your point, or mine. You're just giving examples of expectation, they're not proving...
Perhaps I'm wrong, but I'm pretty sure ev we're talking about probability here, not statistics. "Compared with" Did you actually read that...
Gifro, I think this is a personal matter and you just have to find a balance with which your comfortable.
I meant the ratio is irrelevant as far as determining which trades are placed, assuming that ratio is acceptable for the trader. My point is in...
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