Rhody Trader
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'Everything is known in advance', would be a good name for a trading book.
Isn't that the theme of a rather lengthy thread initiated by a notorious former member.
'Everything is known in advance', would be a good name for a trading book.
'Everything is known in advance', would be a good name for a trading book.
Isn't that the theme of a rather lengthy thread initiated by a notorious former member.![]()
Unfortunately I dont have the time or inclination to write such a book at the moment![]()
No. But I wouldn't get too SNAGged on it if I were you.Bramble,
My favourite rhyming slang (don't know if it's specifically cockney) is "metros". Any idea?
I shouldn't worry old son, you're no merchant. You'd need more equipment than you currently posses for that to be a possibility."Merchant banker" isn't bad, either - the difference is whether it is a self-description or spoken by others about you.
c) There is a RANDOM distribution of wins or lossses for any set of variables that define an edge.
Yes that's exactly what it means.
In practical terms it means you don't know whether the next trade will be a winner or a losers SO don't fall into the trap of trying to make it a winner by breaking your rules (cut winners short for example).
Also it means "don't change systems just because you had 10 losers in a row."
Hi Nine,I do it differently. I rate my entries 1-3, my initial exit positioning 1-3 and my trade management 1-3 (adds to)
If I get two trades with a 1 in them (like 133) in a row THEN I stop. FWIW.
In practical terms it means you don't know whether the next trade will be a winner or a losers SO don't fall into the trap of trying to make it a winner by breaking your rules (cut winners short for example).