DislikedHello everybody! Lately I searched FF for "risk management". It returned 99 pages of results. I read one by one the 250 first posts. 248 of them were instead about money management. I found only two of them were really about risk management. One is made of a single post of never answered questions. The second is one page long and the last post is about position sizing; understand money managment. Either risk management is so trivial it goes without saying or it's the most overlooked element of trading in FF. I'm sure that risk management is much...Ignored
It asumes that in all 3 cases "p" is the same value. But it is not, because with taking partial profits and trailling stop ( second and third case) you increse "p" (win rate)value.
Math and trading are two different things.
EDIT:
I noticed this in 3 seconds, so it looks like a fancy math, but the writer of this PDF is very poor mathematician.
EDIT2:
Terrible- so much trouble with such a "rookie" mistake in the formula.
PVSRA
PVSRA+TLs M5-H1 Forward Test All Time Return:
36.1%