QuoteDislikedI don't want a small probability of ruin, I want zero.
Because if you have a small probability of ruin, any given day, over time, you will be ruined. It is just matter of time.
@trader_umr
multiple systems per pair/multiple pairs per system? 3 replies
Trading 24 hours per day, 5 days per week 14 replies
QuoteDislikedI don't want a small probability of ruin, I want zero.
Because if you have a small probability of ruin, any given day, over time, you will be ruined. It is just matter of time.
Also, pure price action for all its benefits had been mined merciless by larger, more resourceful participants and solely relying on it in my humble opinion is tireless hunt to find another trick because the last one stopped working. Thats why quants call it market anomaly. If you have indeed found something then market will find a way to plug the hole sooner to later.
Quote Disliked There is no better guarantee to make a consistent profit in the market then to learn to understand what the heck is actually going on.
Become aware of what is happening and take a position when odds are ridiculously in my favour.
X is either going up or going down.
"When the facts change, I change my mind"- Some wise man.