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 ...
Search found 2 matches
- Tue Aug 16, 2005 11:56 pm
- Forum: Money Management
- Topic: Phantom of the pit $ mgmt Strategy - Going in 3-1-1-1
- Replies: 3
- Views: 7798
- Wed Feb 02, 2005 7:45 pm
- Forum: Money Management
- Topic: plz help me with my math: probability of N losses in a row
- Replies: 3
- Views: 6646
plz help me with my math: probability of N losses in a row
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 ...
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 ...