General Trading Chat
- Thread starter timepass
- Start date
- Tags idle thoughts trading talk only
LOL
A is predicting, B is following. 90 percent accuracy. with every winning trade confidence is increasing, so is the lot size. we can not predict the series of win-lose outcome as it has random distribution. say after 7th or 8th trade there is a loser. but the confidence is so high instead of cutting position with loss B starts averaging and this will lead to big dent to his account (cause he took intial trade profits with smaller position size and loss with large postion size)
Say B is still not able to guess that the markets are not about win/loss or probabilities and its about risk management. he again initiates a big bet based on prediction but outcome is a random function and can have streak of losers. loss again will wipe him off. Here the prediction can be of B himself.
Market is random in nature and its not bound to honour prediction of anyone. Follow it!!
Say B is still not able to guess that the markets are not about win/loss or probabilities and its about risk management. he again initiates a big bet based on prediction but outcome is a random function and can have streak of losers. loss again will wipe him off. Here the prediction can be of B himself.
Market is random in nature and its not bound to honour prediction of anyone. Follow it!!
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