Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More) cover image

223: How a Poor “Single Mom” Upbringing Helped Him Grow His Trading Account from $3k to Over $1M w/ Erik Smolinski

Trading Nut | Trader Interviews - Forex, Futures, Stocks (Robots & More)

CHAPTER

The Importance of a Large Sample Size in Trading

The law of large numbers essentially tells us that as we achieve more samples in a data set, we are going to approximate towards the mean result. The problem with it is there are a lot of, especially in trading, you can look back. So I think in trading it's even more important to have a larger sample size.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner