Normal
And here lies the common error.The risk for the next trade is not quantified it has not been determined.The probability is 50/50 of the next day rising.However the probability is 75 out of a hundered over the next 100 trades,which in itself is dependant on enough meaningful testing to return a statistically significant result. (Duc,your and my determination of statistically significant will always be poles apart---as I must accept an accuracy to prove arguement and you in turn must argue insignificance due to limited data).Now repeat after me.Risk is not to be confused with probability---Risk is not to be confused with probability.---you get the picture.No still cant grasp it.Risk is not to be confused with probability---Risk is not to be confused with probability.---you get the picture---this time.
And here lies the common error.
The risk for the next trade is not quantified it has not been determined.
The probability is 50/50 of the next day rising.
However the probability is 75 out of a hundered over the next 100
trades,which in itself is dependant on enough meaningful testing to return a statistically significant result. (Duc,your and my determination of statistically significant will always be poles apart---as I must accept an accuracy to prove arguement and you in turn must argue insignificance due to limited data).
Now repeat after me.
Risk is not to be confused with probability---Risk is not to be confused with probability.---you get the picture.
No still cant grasp it.
Risk is not to be confused with probability---Risk is not to be confused with probability.---you get the picture---this time.
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