Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
No, assuming a fair coin or any normal PDF the magnitude will not affect the probability. Given any set of stops or targets the trade off between Risk Reward ratio and win rate will always remain. You can explore this yourself using a simple binomial model of prices. Cox rubenstein i believe for pricing and just set your levels. I did the experiment with historical data but it matches the theoretical academic model anyway.
Sure, if you randomly lay out the coins with out tossing you would get the result. or if you picked black or white balls from a hat, or had your friend hold a 1 or 2 behind his back while upside down.
Not laying out randomly,but the way that`s required.So if you have three coins lay them out the moment suggests,either three heads up or three tails up.
No there is no edge in trade management, given a coin toss/ normally distributed time series. No indicator I know of is going to help you with this problem.
