Search found 2 matches
- Wed Apr 14, 2004 1:12 am
- Forum: Money Management
- Topic: Comments on My Money Management Algorithm?
- Replies: 4
- Views: 12315
Yes, your thinking is wrong. You seem to be interested in the MAXIMUM POSSIBLE number of occurrences of "N losses in a row". Consider the case of three losses in a row. Clearly and obviously the maximum possible number is 16 occurrences of three losses in a row, when there are exactly 50 losses in ...
- Mon Apr 12, 2004 1:07 am
- Forum: Money Management
- Topic: Comments on My Money Management Algorithm?
- Replies: 4
- Views: 12315
Money Management
I recently developed a money management system for my trading system. It uses the probability of winning trades of the system and the dollar value of the ATR to determine how many contracts to trade. I have explained it thoroughly on a web page and there is an Excel spreadsheet that you can down ...