|
Degree in statistics (mathematical statistics)
Anyone here got a college/university degree in stats, I want to ask about appropriate tests to get confidence levels for various trade signal combinations and possibilities...
I believe it is possible to find/create a methodology with at least 90% confidence to be able to make 30 pips in a trade using a stop of between 15-60 pips.
That means 9 times out of 10 the trade will produce a profit of 30 pips. 1 x out of 10 the trade will make a loss of 60 pips (max) using statistical analysis. It may also be possible to further reduce the risk (of getting more than 1 x 60 loss in a row for example).
If you can direct me to the tests I need to carry out and the amount of data to make it a "fair test" that would be nice.
So ideally, you can place 1000 trades, 900 will be profitable, the more trades placed, the more close to being exactly 90% probability of making the 30 pips.
PM me if interested in this type of project...
__________________
Experience Lazer Sharp Intuition - the suk1000k way. Coming soon.
|