BET

I am yanlord bet, and i say downside which one down more, loser will sponsor too since i am already in disadvantage in % for upside.

Change of rules

was thinking and thinking.

1. Obey my cp, ep, tp, and not affected by how people should look at your end trades.
2. Obey ur pre-plan route
3. Do not be influenced by what surrounding says
4. Do not be late for opening
5. Do not anticipate the trend
6. Listen to the market

I am going to replace 3. with "Know your emotions, why fear? why euphoria?"

And number 5. Do not anticipate the trend and know your trend.

7. Wait for the leaders to show up after correction, selldown. Be patient.

Money Managment

The Expectancy Formula :
(Avg$Win x Win Rate) - (Avg $Loss x Loss Rate) = Expectancy

Been thinking about discretionary accounts with 100k,

• Average Dollar Win
• Win Rate
• Average Dollar Loss
• Loss Rate
• Maximum Drawdown
• Maximum Positive Return
• Maximum Consecutive Wins
• Maximum Consecutive Losses
• Average Number of Consecutive Wins
• Average Number of Consecutive Losses
• Standard Deviation of Monthly Returns.
• Average annual return

So taking Ray Barros principle,

I accept a 3% as my maximum risk. If my avg number of consecutive losses is 3 and the average loss is 1%. I can now estimate that the objective maximum percentage loss.
I multiply my maximum number of consecutive losses by 3. So now the number is 9. So my possible worst case drawdown on average would be a 9 x 1% = 9%. I then multiply the standard deviation of monthly returns by 3. Let’s say that comes out at 27%. I now have the boundaries for my worst case scenario: 9% to 27%.