Market Measures - January 5, 2021 - Consecutive Profits and Losses
In last month’s Market Measure, “Conditional Probability of P/L,” we found that positive P/Ls are much more likely to cluster over longer periods of time than negative P/Ls.
However, how large are the consecutive profits and compared to the consecutive losses of a given cluster?
Join Tom and Tony as they discuss consecutive profits and losses and the benefits/risks of placing daily trades.