This experiment makes sense from a real life trading perspective where a trader is expected to make 4 trades or more with roughly the same position sizing. The more trades you make, the more likely you will achieve your superior odds. However, this experiment asked a respondent to commit one and only one pick, therefore, choosing a certainty outcome is best.
Good insight and interesting video
VanTharpTrading 1 year ago
Thanks for the input Chipper... good insight.
djenyns 2 years ago
This experiment makes sense from a real life trading perspective where a trader is expected to make 4 trades or more with roughly the same position sizing. The more trades you make, the more likely you will achieve your superior odds. However, this experiment asked a respondent to commit one and only one pick, therefore, choosing a certainty outcome is best.
Clipper52a 2 years ago 2