3309 Drysdale Ct
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Actually, I don't think that it matters. If you toss thirty heads in a row, the odds of the next toss being tails is the same as all the other tosses, 50/50.
But we aren't dealing with coin toss odds, but rather a system that normally wins 90% of the time.
Then every entry will have the same odds. Probabilities don't have memory, so previous trades don't matter.
Also be aware that backtested results aren't the same as live trading performance.
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Actually, I don't think that
SPY system potential long today
Posted by algyros on 15th of Jun 2011 at 03:48 pm
Actually, I don't think that it matters. If you toss thirty heads in a row, the odds of the next toss being tails is the same as all the other tosses, 50/50.
But we aren't dealing with
Posted by rayalexander123 on 15th of Jun 2011 at 03:50 pm
But we aren't dealing with coin toss odds, but rather a system that normally wins 90% of the time.
Then every entry will have
Posted by algyros on 15th of Jun 2011 at 03:52 pm
Then every entry will have the same odds. Probabilities don't have memory, so previous trades don't matter.
Also be aware that backtested results aren't the same as live trading performance.