I have always posted code before. But, so many people are not doing so because they've been burned by some ebay thief, that's one reason. Not everyone knows about forex factory, and are reportedly paying for things they can get for free. Things that ...

Winners And Losers Trading System

I'm pretty new at this too, so I could be wrong, but it looks to me like, with the semicolon after the if statement, it won't have effect. I've wanted to learn to do this as well.

Arrows?Alerts

You're right. Lack of sleep/shooting from the hip got me again. 2*2*2*2*2*2=64. duh. There are 64 possible outcomes (sequences of 6 trades), one of which is 6 losers in a row. odds are 1/64. So if you do 64 strings of 6 trades (384 trades) then you ...

How important is a knowledge of maths?

No, I don't know math, I'm just an electrical engineer That's exactly right, there's a little guy in there. I used to hire them and put them in. That explains MACD. That wasn't on the list mentioned - CCI, RSI, Stochs. Stochs and RSI do not use ...

How important is a knowledge of maths?

1/2 * 1/2 * 1/2 * 1/2 * 1/2 * 1/2 = 1/12 chance of that streak happening. So out of 12 strings of 6 trades, it should happen once, statistically. That would be 72 trades. If your win/loss is 50/50, and you make 72 trades, you will have a 6 loss ...

How important is a knowledge of maths?

Yup, you did it right.

How important is a knowledge of maths?

Yup, I see now, that is correct. That makes sense. If you had to pick them in order, then multiplying would be right. In other words, you have 5 of 40 chances to get the one of the numbers, 4 in 39 to get another of them, etc. ...

How important is a knowledge of maths?

I'm getting 47*46*45*44*43 = 18,407,200. Way off. The site says you have a 1 in 49 chance of picking the mega. How is that if there are 27 numbers? They say the lottery is just a tax on those that are bad at math.

How important is a knowledge of maths?

That's the answer.

How important is a knowledge of maths?

So how does this apply to trading?

How important is a knowledge of maths?

Anyone?

How important is a knowledge of maths?

I would say most traders lose the same way I do. When I have my head on straight, I make 1 - 2% per day average, that's my goal (consistency, not money). When I am impusive and jump in before the signals are there, break the rules, don't apply ...

How important is a knowledge of maths?

No kidding! These days, 100% is not equal to 100%! Even that can change! LOL! Two girls today..... a girl and a boy tomorrow....

How important is a knowledge of maths?

What is the question? When you chose your door, your odds were 1 in 3. If you pick again, your odds are now 1 in 2. If, now you chose the same door (or the other door), your odds would be 1 in 2 that you chose correctly. I think I remember this, and ...

How important is a knowledge of maths?

Lottery numbers — OK, let's have a good one. There are 40 lottery balls, numbered 1 - 40. You pick 5 numbers. The balls come out randomly. What are your odds of getting all 5 correct?

How important is a knowledge of maths?

You're correct, there are more boys born than girls, but the 50/50 was a given assumption in the problem.

How important is a knowledge of maths?

Problem: OK, they have two children - done deal. One is a girl. Birth probability is 50/50. What is probability of 2 girls? Answer: Either 0% or 100%. Can't calculate probabilities on past events. The other child either is a girl or is not, it's ...

How important is a knowledge of maths?

I guess I still don't understand the question. If the two girls are born already, then the chances of having two girls is 100%. You cannot calculate odds after the fact, only on future events.

How important is a knowledge of maths?

Well, I still didn't get the question right. nvwine is the winner. If they have a girl alreay then there's 100% chance on the first. The second is 50/50, so 1 * 1/2 = 1/2. 50% chance of having 2 girls. The trading lesson here is not the statistical ...

How important is a knowledge of maths?

50/50 on the first, 50/50 on the second, just like a coin toss. So the chances of two girls would be 1/2 * 1/2 = 1/4. If you look at the possible outcomes, this makes it easy to see: B B B G G B G G 1 in 4 possible outcomes that there will be two ...

How important is a knowledge of maths?