-
Positive Expectancy Model: It WIll Make You Are Break You As A Trader
Positive Expectancy: A system (or game) that will make money over the long term if played at a risk level that is sufficiently low. It also means that the mean R-value of a distribution of R multiples is a positive number. If you’ve read any of Dr. Tharp’s books, you know by now that it is much more efficient to think of the profits and losses of your trades as a ratio of the initial risk taken (R). Let’s just go over it again briefly, though: One of the real secrets of trading success is to think in terms of risk-to-reward ratios every time you take a trade. Ask yourself, before you take a trade, “what’s ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Edited 6:47pm Jul 4, 2013 6:03pm | Edited 6:47pm
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #2
- Quote
- Jul 4, 2013 7:00pm Jul 4, 2013 7:00pm
- Ati Baia
- | Joined Nov 2011 | Status: Member | 3 Comments
Money is important, Love is essential.
- Comment #3
- Quote
- Jul 4, 2013 7:41pm Jul 4, 2013 7:41pm
- fxterrapin
- | Joined May 2008 | Status: Member | 20 Comments
- Comment #4
- Quote
- Jul 5, 2013 1:34am Jul 5, 2013 1:34am
- Mingary
- Joined Mar 2011 | Status: I should be on your ignore list | 2344 Comments
- Comment #5
- Quote
- Jul 5, 2013 4:57am Jul 5, 2013 4:57am
- harry23
- | Joined Apr 2012 | Status: Member | 189 Comments
- Comment #6
- Quote
- Jul 5, 2013 1:07pm Jul 5, 2013 1:07pm
- Loadedgun
- | Membership Revoked | Joined Sep 2010 | 3678 Comments