061: Ari Pine – A Scientific Trading Perspective, Process Over Outcome, and The Law of Large Numbers
Chat With Traders
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Is There a Positive Expectation?
A positive expectation means that you're not merely looking at either the probability of gain or merely the magnitude of gain. In other words, based on the probabilities as i see them right now, there's positive expectation of a profit. So how do we go back and take a look at that? Well, we can start making pretty good guesses based on some historical either rules of thumb.
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