
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)
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.