3 ms·
> If on every trade you flip a coin, but intelligently limit your losses and ride your wins What does this mean? Sounds like gambler's fallacy combined with a
by mason55 11y ago
> If on every trade you flip a coin, but intelligently limit your losses and ride your wins
What does this mean? Sounds like gambler's fallacy combined with a Martingale system
- ImTalking 11y agoFlip a coin... heads you go long, tails you go short. Limit your losses and ride the wins. You'll kill the market (until a perfect-storm meltdown event, of course). Nothing to do with Martingale.
- shitgoose 11y agoCould you elaborate on "Limit your losses and ride the wins"? Do you assume that market is trending upwards (until meltdown)? Do you suppose to make money this way in flat market?