Know when to fold ‘em just like in Poker with probability

Published: Sept. 9, 2020, 3:02 a.m.

Just like in poker, you need to know when to turn of your bot when your daily target has been reached or nearly reached. I have manual control when to turn on or off the bot at my will. This all comes down probability and measuring your risk in your log for the day. During my webinar last nite, someone asked why they fail in forex after 12 years. One is there is standard risk metric that does not exist in FX. With out it, you are not able to quantify the probability of when to shut down your bot for the day if you feel close in achieving max performance. Free books https://quantlabs.net/ or learn algo trading https://quantlabs.net/dvd Worried about your future with retirement, get this latest USB product https://quantlabs.net/retire/ Get into this action NOW with this Quant Analytics https://quantlabs.net/quantanalytics/   https://quantlabs.net/blog/2020/09/know-when-to-fold-em-just-like-in-poker-with-probability/