Hi.
Question.
Would it be fair to say that there's a place for a strategy aimed at in running trading that may have a low strike rate but when it works you want everything on the table ?
As in you're planning for the worst and expecting a small loss each race but every now and then due to the value that's created in a winning trade by recycling profits you'll come out ahead in the long run?
Automation Strategy.
what is your loss when you loose- &- how much do you win when you win ?Padawanbewbie wrote: ↑Thu Nov 17, 2022 10:31 am
a low strike rate,
recycling profits you'll come out ahead in the long run?
The Odds available will determine the upside and down side of your trade. and also the strike rate you need to break even (Base rate).
-once the base rate and the strike rate is known , you can go ahead and calculate your loosing and winning streaks. then work out your stake sizes needed to keep you ahead.( BF comission?)
NB: strike rate and a negative -EV will fool you around . meaning you can have a low strike rate and loose a little when loose BUT not win big enough when you win. almost like chasing a ghostly shadow.
OR even worse not get matched due to slippage or BF outage !