Comment on Mr Consistent returning incredible returns

Madan commented on 19 Mar 2014, 12:46 PM

Jaya,

As my system is less than 50% winning system, statistically the consecutive losses can be as high as 20 trades. I have personally seen 16 trades in live trading. So, if someone pledges 3% in a trade, it is possible to lose 60% of the acct size. This is where proper money mgmt kicks in. Goal is to live today to fight t’rrow..survival is key.

I dunno the consecutive wins as i don’t keep track of that parameter. Expectancy can be calculated from my previous posts(all you need is winning/losing ratio, Average Risk to reward)..don’t want to dwell into it much.

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