I am not very good at maths..
Can someone with better maths verify below:
If there only 2 trades per day. BUY SL10 TP20 && SELL SL10 TP20
when one hit TP, Close All.
5 days per week. If both hit SL 2 times in a week, no further trades for the week.
e.g:
bestweek
Day 1=+20
Day 2=+20
Day 3=+20
Day 4=+20
Day 5=+20
= total +100
Worseweek
Day 1=-20
Day 2=-20
Day 3 no trade
Day 4 no trade
Day 5 no trade
=total -40
I check the variances for all scenario.
Probability for breakeven(0) and positive gain week is 12/15 scenario.
Probability for losing week is 3/15 scenario.
Is it correct?
Can someone with better maths verify below:
If there only 2 trades per day. BUY SL10 TP20 && SELL SL10 TP20
when one hit TP, Close All.
5 days per week. If both hit SL 2 times in a week, no further trades for the week.
e.g:
bestweek
Day 1=+20
Day 2=+20
Day 3=+20
Day 4=+20
Day 5=+20
= total +100
Worseweek
Day 1=-20
Day 2=-20
Day 3 no trade
Day 4 no trade
Day 5 no trade
=total -40
I check the variances for all scenario.
Probability for breakeven(0) and positive gain week is 12/15 scenario.
Probability for losing week is 3/15 scenario.
Is it correct?