bangkoker
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Numbers/Percentages/Systems/Waffle
OK first off, my data does not go back far enough to be properly statistically significant as of yet but thoughts appreciated.
I am using a daily system, it is so far winning 47% of time.. erm doesn't sound great so far does it?
losing 53% (logically).
When it wins on average I make : 39 points
When I lose on average I make : -17 points
Therefore averaging circa 45 points a week or 9 a day (because presumably a little less than half of 39-17, half of the time is 9ish).
Am I wildly off here or is there some logic in it? Does anyone know what I mean?
Presumably if it maintained those numbers it wouldn't be a bad system (in my mind anything with a net profit has to be good,as can have multiple system uncorrelated and running different times of the day/markets etc)as half the time I am winning, I win twice as much as when I am losing... mathematically that makes sense.. although I am not happy about the fact I lose more than half the time.
Feel free to flame me, or join in on the thread. Would welcome views
I am using a daily system, it is so far winning 47% of time.. erm doesn't sound great so far does it?
losing 53% (logically).
When it wins on average I make : 39 points
When I lose on average I make : -17 points
Therefore averaging circa 45 points a week or 9 a day (because presumably a little less than half of 39-17, half of the time is 9ish).
Am I wildly off here or is there some logic in it? Does anyone know what I mean?
Presumably if it maintained those numbers it wouldn't be a bad system (in my mind anything with a net profit has to be good,as can have multiple system uncorrelated and running different times of the day/markets etc)as half the time I am winning, I win twice as much as when I am losing... mathematically that makes sense.. although I am not happy about the fact I lose more than half the time.
Feel free to flame me, or join in on the thread. Would welcome views
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