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forex_trader_8466
Uczestnik z Mar 10, 2010
67 postów
Jun 09, 2010 at 10:06
Uczestnik z Mar 10, 2010
67 postów
Hi,
Contest is done. :)
If I took no trade I would be on 8th position :D :D :D
I heard 5% make in in FX,
Here we can see 2% of winners. 1 month is not enough you would say, but what all of you must admitt is
1. Even if in long run someone would turn above 100% balance, certainly someone from top is there randomly.
2. This is short run, but there is loads of trades [of different traders] alredy traded, so if one would add up all of them I believe it would turn out to be faaar below zero sum game.
Unfortunately there's no apropriate tool, so I will try to count all trades, total result and see what satistics would say about it [how our results should look according to Gaussian bell curve].
I will post later :)
Contest is done. :)
If I took no trade I would be on 8th position :D :D :D
I heard 5% make in in FX,
Here we can see 2% of winners. 1 month is not enough you would say, but what all of you must admitt is
1. Even if in long run someone would turn above 100% balance, certainly someone from top is there randomly.
2. This is short run, but there is loads of trades [of different traders] alredy traded, so if one would add up all of them I believe it would turn out to be faaar below zero sum game.
Unfortunately there's no apropriate tool, so I will try to count all trades, total result and see what satistics would say about it [how our results should look according to Gaussian bell curve].
I will post later :)

forex_trader_8466
Uczestnik z Mar 10, 2010
67 postów
Jun 09, 2010 at 12:10
Uczestnik z Mar 10, 2010
67 postów
I tried to implement some probability formulas to all those data, however it turned out that going above 100% is statistically virtually impossible.
However all those calculations were made on average results and number of trade. In average 3% of trades were winners, so taking less trades gives you bigger chance for success...
Anyway, have you got any thoughts on results as statistical data..?
However all those calculations were made on average results and number of trade. In average 3% of trades were winners, so taking less trades gives you bigger chance for success...
Anyway, have you got any thoughts on results as statistical data..?
Jun 09, 2010 at 16:26
(edytowane Jun 09, 2010 at 16:33)
Uczestnik z Apr 20, 2010
4 postów
Krysztau posted:
I tried to implement some probability formulas to all those data, however it turned out that going above 100% is statistically virtually impossible.
However all those calculations were made on average results and number of trade. In average 3% of trades were winners, so taking less trades gives you bigger chance for success...
Anyway, have you got any thoughts on results as statistical data..?
For that I traded just 5 trades and I stopped on the 17th of the month ( I started my 1st trade on the 5th of the month ... that means 10 days of trading ). After that I started to monitor other top leaders' equities.
I won >>>>> Thanks God
Uczestnik z Jun 09, 2010
1 postów
Uczestnik z Oct 29, 2009
74 postów

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