Recent content by emptyjar

I guess I didn't consider the 'law of large numbers' angle. I'm not statistician, but wouldn't having a small sample size simply mean my results will be less predictable, rather than that the risk will increase? So, with the 10 friends example- there's a good probability 2 may be left handed...

:thumbsup: That was interesting to see, I know my probability of hitting a 9 or 11 trade losing streak is high with 1,000 trades. So, my intention is to trade £10,000 in the following way: I risk £20 per trade on my initial trade, and thus can sustain 8 consecutive losses (though even with 8...

Hi. Thanks for your response. No, I am aware that my likelkyhood of winning will impact my probability of hitting a losing streak. So, if I won 65% of the time I'd be in a far better position than simply tossing a coin (or trying to follow trends as I do now)- it is partially for this reason...

I traded FX a few years ago, and made and lost relatively inconsequential amounts doing it. I've started again recently, and decided the best strategy for what I want is to use the martingale (aka doubling down) loss recovery system. My post is to ask, firstly, how many retail FX traders use...