Risk management and the psychological benefit of understanding statistics
Could you advise how to mathematically calculate the above % of losing streaks?
Hi, I'll cover that in a future stack :)
I'd previously thought about sharing the actual calculator, but going through the maths instead so people can build their own to suit their needs (e.g. you could expand it) is a better idea - thanks for planting it!
That would be great, thanks
Now live! https://tradingresourcehub.substack.com/p/how-to-calculate-losing-streaks
Could you advise how to mathematically calculate the above % of losing streaks?
Hi, I'll cover that in a future stack :)
I'd previously thought about sharing the actual calculator, but going through the maths instead so people can build their own to suit their needs (e.g. you could expand it) is a better idea - thanks for planting it!
That would be great, thanks
Now live! https://tradingresourcehub.substack.com/p/how-to-calculate-losing-streaks