How to make trades that are as likely and as long as possible? Interested?

May 11, 2022 at 13:58
Vistas 521
2 Replies
Miembro desde Mar 18, 2022   posts 48
May 11, 2022 at 13:58
Mathematically, the outcome of a system over a long period of time is the expected value. Therefore, we are interested in trades that are as likely and as long as possible, and we want losses to be as unlikely and as small as possible.

That's what the math says.

And that's what the task is derived from. Solving it shows a clear direction for improving the system.

The task is to think more deeply about what makes your trades better:

1. What factors make your trades likely?
2. What factors will make the trades longer?
3. What factors will make you have the fewest losses?
Huge Changes, New Ideas & Decline Of Traditional Investing
Miembro desde Mar 26, 2021   posts 11
Aug 31, 2022 at 14:30
Well... Interesting model basically. However, I believe it;s almost impossible not to make mistakes, because mistake is considered to be the hugest part of your trading path.
There are some traders who have never made mistakes and never have losses, and I personally know such people, but it's just for a while I bet.
I would say - no mistakes - no development, because losses and mistakes make you much stronger and you are ready to all the changes and fluctuations on the market.
Miembro desde Mar 31, 2021   posts 229
Sep 08, 2022 at 16:47
Mathematically, everything is simple. In practice, it is a little more difficult. It is necessary to accurately calculate the exact time to enter the market and calculate the margin, possible losses (and set stop loss) and also the maximum profit (and set take profit). Calculate everything point by point. But it is still important to be prepared for any development of events. And to such as sharp news, gap, cataclysms, default. You need to calculate all the risks.
Think thrice before opening an order
Conectarse / Inscribirse to comment
You must be connected to Myfxbook in order to leave a comment
*El uso comercial y el spam no serán tolerados y pueden resultar en el cierre de la cuenta.
Consejo: Al publicar una imagen o una URL de YouTube, ésta se integrará automáticamente en su mensaje!
Consejo: Escriba el signo @ para completar automáticamente un nombre de usuario que participa en esta discusión.