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Search: Posts Made By: kevinkdog

Forum: Psychology and Money Management

February 5th, 2016, 10:51 AM

Replies: 41

TECHNIQUE: After three profitable trades, skipping the next setup.

Views: 7,816

Posted By kevinkdog

That is an important point: In the short run (say...

That is an important point: In the short run (say a few hundred trades), the outcome may be quite a bit different than than the long run (thousands of trades). That could be due to randomness, or it...

Forum: Psychology and Money Management

February 5th, 2016, 10:43 AM

Replies: 41

TECHNIQUE: After three profitable trades, skipping the next setup.

Views: 7,816

Posted By kevinkdog

This goes back to the concept of gambler's...

This goes back to the concept of gambler's fallacy. If your trades are independent, there is no benefit from stopping after a winning or losing streak.

One reason so many backtested...

Forum: Psychology and Money Management

February 5th, 2016, 09:08 AM

Replies: 41

TECHNIQUE: After three profitable trades, skipping the next setup.

Views: 7,816

Posted By kevinkdog

I disagree. If you use the same approach...

I disagree. If you use the same approach (system) repeatedly, and you have thousands of historical trades over varying time, price, market structure, etc. showing that the odds of winning are 50%,...

Forum: Psychology and Money Management

February 4th, 2016, 07:20 AM

Replies: 41

TECHNIQUE: After three profitable trades, skipping the next setup.

Views: 7,816

Posted By kevinkdog

Can you share any proof that your statement is...

Can you share any proof that your statement is true?

I strongly disagree with this. I have dozens of systems, each with a consistent approach to entering and exiting trades, and every analysis I...

Forum: Psychology and Money Management

February 2nd, 2016, 05:44 PM

Replies: 41

TECHNIQUE: After three profitable trades, skipping the next setup.

Views: 7,816

Posted By kevinkdog

shrike and RielA are correct, for almost all...

shrike and RielA are correct, for almost all traders and almost every trade. If there is no serial correlation between trades - meaning the outcome of trade x does not depend on the previous trade...

Showing results 1 to 5 of 5

What unexpected challenges have you encountered while trading on a "Funded Trader" platform?

Limited trading instruments
High platform usage fees
Lack of support or mentorship
Unrealistic rules and requirements
No significant challenges
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