Let's say I'm working with two different strategies for the same pair. I'm not going to discuss why 2 strategies, so don't even bother.
Let's say both of them have 60% winning 40% losing history. Trading both of them with the same risk.
Both of them likely to be stopped out intraday.
Is that right to assume that
Chances of profit-profit: 36%
Chances of breakeven: 48%
Chances of loss-loss: 16%
If so, it is interesting to notice that trading both of them is more profitable than trading just one of them with double size.
Let's say both of them have 60% winning 40% losing history. Trading both of them with the same risk.
Both of them likely to be stopped out intraday.
Is that right to assume that
Chances of profit-profit: 36%
Chances of breakeven: 48%
Chances of loss-loss: 16%
If so, it is interesting to notice that trading both of them is more profitable than trading just one of them with double size.