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A Time Traveler and a Trade

  #15 (permalink)

Trading Experience: Intermediate
Platform: Bookmap and Jigsaw DOM
Broker/Data: Stage 5 Trading
Favorite Futures: ZN
lax99's Avatar
Posts: 433 since Jun 2015
Thanks: 623 given, 809 received

It's like you're writing a dissertation on trading, probability, position sizing, and expectancy. I really can't make sense of this.

Each trade is unique and each moment is unique. You won't know whether a trade "has a higher probability of being a loser" until you put it on and see the action develop afterwards. Expectancy also evolves with the more trades that a trader takes. He/she sees more action, gets better at reading the action, and ideally gets better at making profitable calls.

Would you take 1 loser for -8 or 8 losers for -1?

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