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Trade win:lose ratio > 1 is an elementary mistake in algorithmic backtesting. Not knocking Bayes. Only saying the analysis is incomplete. Cancer/noCancer is not

• gnaritas 11y ago
  > Trade win:loss ratio > 1 is an elementary mistake in algorithmic backtesting Who said anything about that? Perhaps I was unclear, it's not about the ratio, it's about the streaks, you need to understand patterns of your wins and losses as it's critical to applying money management. If you only win 30% of the time, you could still make a killing if you can withstand the losing streaks without much drawdown or if the winners are big enough.
  • vegabook 11y ago
    Obviously I agree. My simple point is that the OP is making claims about a binary outcome, which could lead one to infer that stock trading binary up/down outcomes are all that matter.
    • gnaritas 11y ago
      OK, point made.