4 ms·
You don't have to be right in the market 50% of the time. In fact you aren't guaranteed to be profitable if you are right 99% of the time. Your winners just ne
by djb_hackernews 17y ago
You don't have to be right in the market 50% of the time. In fact you aren't guaranteed to be profitable if you are right 99% of the time.
Your winners just need to be bigger than your losers.
Average winner profit * winning percent > average losing loss * loss percent.
in any case, check out http://stocktwits.com http://stocktwits.com
I think they even have access to the real time feed.
- wildwood 17y agoWhat's more, you can even go broke with overall positive expectancy, if your position sizing strategy can't handle losing streaks.