Traders' Roundtable

Phantom of the pit $ mgmt Strategy - Going in the market in a 3-1-1-1 fashion 3 lot 1 lot 1 lot 1 lot The strategy is under rule no.2. http://www.trading-naked.com/library/Phantom_of_the%20_Pits.pdf Also, do you believe the first 3-lot is sujected to a) the max amount of risk ? b) all-in mode c) sa...

Could someone plz tell me if this math is correct: example 1 50% lose ratio probability of 4 trades in a row being a loss Probability : 0.5^4 = 0.0625 No. of trades needed for this to occur : 4 / 0.0625 = 64 example 2 80% lose ratio probability of 6 trades in a row being a loss Probability : 0.8 ^ 6...