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Old 11-24-2008, 01:52 PM
claudioforex claudioforex is offline
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calulation of probability

Quote:
Originally Posted by OOM View Post
If he wants to setup his account that he can withstand a 10000pip loss then that's OK with me. That would represent a sequence of losses that the chance to have this is 1 out of 68.719.476.736 (1 out of 68billion).
Hi Igor.How you calculate chance(probability)?Can you give as a proof statistical information? What profit,DD have your sistem one, two... years ago?
Please explain how you calculated this "1 out of 68.719.476.736 (1 out of 68billion). "

Though I am not an expert in probability calculation, I can assure you that you probability to reach 10000 pips dd with this sytem is much much much higher than what you calculated.

If the system reached 8500 pips dd already...only 1 more loosing trade could have put you to more than 10000 pips dd....;
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