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Joined Nov 2007
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Status: Long time member
|765 Posts
Nice thread Jysticim.
I was thinking... if one was to start a new 100$ account each trading day and continued foreward simultaniously trading each account with the same rules.
How many of those accounts would make it to, lets say... 10.000$?
And how many accounts would crash and burn? (lost 100$)
This could be tested with an EA, I would be interested to see the results, because if three accounts make it to 10.000$, they would even the loss of a whole year trying every day starting with a new 100$ account. (given that there are approx. 300 trading days in a year)
Every account beyond the third would be net winner.
What if you let the accounts rise to 20.000$... etc.
Persistence will get it. Consistency will keep it.
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Joined Nov 2007
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Status: Long time member
|765 Posts
That's true, but what i ment to say was, if you researched how many times an account would hit 10, 20 or 30.000 in a year it would show you the probability of the system, and also it could direct you to the months when the probability is bigger for the account to grow.
Because in my opinion you need to have a good string of winning trades and it's important to know how many times a year they do occur.
Persistence will get it. Consistency will keep it.
