Technical_Analysis_page_596

Technical | Analysis page 596 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf

Chapter 23 Money and Risk Management 567 Theory of Runs The chance of going broke from a series of losses is the amount of trading times the percentage of losses to the power of the largest string of losses. Most analysts will assume a minimum run of ten consecutive losses as the baseline. In any…