Predicting a losing streak

[stevequal]

Does anybody know if it's possible to calculate a potential losing streak based on the success rate of a system and the number of trades.

So for example if my system has a 75% success rate and I trade 1000 times, is it possible to work out a potential losing streak?

[Wyndon]

See this

http://www.flatstats.co.uk/horseracing/ ... cle&id=154

You need to use natural logs. I make the max expected losing run in 1,000 trials to be 5, near as dammit.

[Euler]

http://www.probabilitytheory.info/conte ... osing-runs

[stevequal]

Many thanks.

Steve.