Part 1 · lesson 2 of 3
You see a losing run that is nothing unusual.
About 5 minutes.
Whose numbers these are
You have not picked a firm yet. So the figures below come from one firm’s published rules. Each one is named and dated where it appears. Pick a firm and the same lesson runs on your own numbers.
You are right on four trades in ten. Out of a hundred trades, roughly how many runs of five losses in a row would you expect to see?