If someone has 2 strategies with 70% win rate each one, and they have very different time entries , what's the probability of having 2 loss trades at the same sequence of trades?
sequence of trades:
X I I I X I I X I I strategy 1
I X X I I I I X I I strategy 2
What's the probability of something like X X loss in both strategies at the same sequence,to happen?
thanks for any help
0,3*0,3 = 0,09 = 9%
If you assume that, historic data = future data
Yes i think it would increase if i tell you that i lost
Correct me if i'm wrong,
A If you have 2 strategies with 70% wins, the chance of lose trades
in the same sequence, on both strategies is only 9%. So that means 1 in
B If the chance is only 1 in 10, that means 9 in 10 times, there will
be lose trades, but only in 1 strategy, and the other one on the same
sequence will win, is that correct?
Some people think trading is high speed money.
But then they discover that a snail moves faster then the trend.
You can combine anything you want, even with a 90% win strategy, a snail can only go so fast.