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Bob Volman - Price Action Scalping

  #25 (permalink)

Sunnyvale, CA
Posts: 171 since Dec 2012
Thanks: 8 given, 103 received

kevinkdog View Post
It would not matter to me if it was discretionary or rule based/automated. I'd just have to prove to myself that the methods provided a tangible edge / positive expectancy. I haven't been able to do that...yet.

It can be done. But only over a large number of trades. On the order of 100 round turns is a good start. The more you do, the more you will see the actual results start to form an expected curve.

It's like in math you have convergent series. A convergent series will approach a number or a curve, but you'll only be able to see it the more iterations you look at. (however, in math you can prove a series, but in trading there is no way to know what the curve will look like - it's entirely empirical.)

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