51%

This is a discussion on 51% within the General Trading Chat forums, part of the Reception category; Originally Posted by trader_dante Just to mix it up a little bit, Shadow, would you say it is also a ...

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Old Mar 30, 2011, 7:18pm   #36
 
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Re: 51%

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Originally Posted by trader_dante View Post
Just to mix it up a little bit, Shadow, would you say it is also a gamble to go short now with the same stop and target?
To answer that would hamper my recommendation!

But I see no reason technically to be short for that size of stop. You might, of course.
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Old Mar 30, 2011, 7:22pm   #37
 
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Re: 51%

I'm a newbie here on this forum, but I appreciate everyones thoughts and oppinions. Thank you in advance for any help, or suggerstions in the future.
Cheers
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Old Mar 30, 2011, 7:39pm   #38
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Re: 51%

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Originally Posted by trader_dante View Post
The actual number of trades in question is 45.
Thats less than the number of trades I take in a week and I constantly worry about my stats being based on an insufficient sample size !

How will you know when your methodology no longer works ? do you have a definate line in the sand that you wont cross ?
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Old Mar 30, 2011, 7:52pm   #39
 
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Re: 51%

If TD gives us the mean and Standard Deviation of his 45 trades, I think I can work out the likelihood of him achieving this by accident.

But don't quote me on that.
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Old Mar 30, 2011, 7:53pm   #40
 
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Re: 51%

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Originally Posted by robster970 View Post
If TD gives us the mean and Standard Deviation of his 45 trades, I think I can work out the likelihood of him achieving this by accident.

But don't quote me on that.
.
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Old Mar 30, 2011, 7:54pm   #41
 
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Re: 51%

Anyway, having quoted you, no you can't unless he's been completely systemic which I substantially doubt.
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Old Mar 30, 2011, 7:56pm   #42
 
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Re: 51%

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Anyway, having quoted you, no you can't unless he's been completely systemic which I substantially doubt.
I would be working on the premise he is a machine, and having met him I can confirm he is at least not human.
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