Expectancy is It!

Our mentor is advised to rest his eyes due to a corneal scratch.  I am standing in as acting moderator today.

As those who have attended his courses will know, he places great importance on Expectancy Returns.

I have a post on this topic  of PE at my website which you are free to read:

Quote:

Today Scott is sharing tips on how to get the most out of your trades by showing you how to discern high expectancy trades from low expectancy trades.

http://anatrader07.wordpress.com/2010/06/25/expectancy-of-your-trades/

Here is the formula:

Profit Expectancy (PE) = (probability of winning trade * average size of winner) – (probability of losing trade * average size of loss)

 Idkit

Ag Moderator

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