Trading in the Moment

Expectancy

Sorry, how is the expectancy calculated?

I would've rated it with a 10, but...

The numbers in the article don't exactly match the provided spreadsheet, but overall this article learned me some valuable lessons and therefore I am very grateful.

Eye opening stuff. Thanks. PS.Can you please fix the link to the spreadsheet.

overall a good piece of writing

this is a useful intro to people discussing general Trading principles and Probablilities but I would urge people to build on this and read extensively as almost every point made here can be refuted if someone wishes

for example

The setting of a Target goal for each sucessful trade is heresy for true trend followers

Trading outcomes are nothing like rolling a dice - (unfixed) Dice have a discrete variable/outcome (unlike a trade signal)

Backtesting is more of a poison than a cure in my opinion, although the piece does empasise the dangers

but overall - yes if more traders played the game using probability and stopped using their gut feel so much more money would be made by them in the long term

NVP

Re: How to Win at the Futures Trading Game

good read

Agreed -good read

Fugazsy said:

good read

Click to expand...

Yes -especially the post by NVP above yours