Psychology
This is a followup to my recent blog post on strings of losses in trading systems. I ended that blog with a promise to consider how the probabilities affected our behavior, and I’ve been swamped with requests to write this post! This is a good topic, and one that
Market Math
I received a question from a reader, David: Hey help me out please. I was reading a good blog by a smart math guy and he said that your next trade is always 50% chance of win. No matter what your overall win ratio is the next trade is always
General Comments
Most of us who write about financial markets look to the future. Yes, there is a place for theory, and any theory lies on a firm foundation of what has happened in the past—history matters. But what probably matters most to us is the future: what is around the