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Dances-W-waves

07/23/04 12:17 PM

#273969 RE: Train Guy #273963

Thanks TG...truly interesting. I think I've been kinda doing that....but like ....just winging it. <g>

But seriously, i'll check it out.

:o)
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Smart_Money

07/23/04 12:18 PM

#273970 RE: Train Guy #273963

Good Post! Just reminds me how much the market mimics Vegas.
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gtober

07/23/04 12:29 PM

#273990 RE: Train Guy #273963

I think I prefer "maximum acceptable loss" instead of "risk of ruin". However, I think the other side of this example is a bit of a stretch. Trading is a numbers game to be sure, but if anyone has found a way to take a net positive gain out of the markets, and has proven it mathematically over time, I'm all ears.

If the win rate drops significantly, it becomes a bit harder to make money.