T2W Bot
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NVP
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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
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
neil
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