The reality is that the lower your win rate, the higher the probability of experiencing a longer losing streak. I hope that by understanding this concept one realizes that consecutive losses are a reality of trading certain strategies.
[S#2] C) Losing Streak Probabilities (Part 1)
[S#2] C) Losing Streak Probabilities (Part 1)
[S#2] C) Losing Streak Probabilities (Part 1)
The reality is that the lower your win rate, the higher the probability of experiencing a longer losing streak. I hope that by understanding this concept one realizes that consecutive losses are a reality of trading certain strategies.