@juniorokpe

4/5 But what if I keep going through a losing streak and end up blowing up?That’s precisely why you must test extensively over a large sample size and prepare accordingly. You need to understand, through robust testing, that the system has an edge, adopt a position size aligned with its performance, and accept it from the very beginning as a longterm endeavor. If you view drawdowns as inherently bad and refuse to see them as part of statistics, this conversation ends here. Because once again, probability and statistics always include losing streaks. What matters is whether you can accept drawdowns and losing streaks. Harnessing an edge depends on whether you can stick with the system without giving up midway and believe in it through to the end. Maintaining unwavering belief in a system through all possible outcomes is incredibly difficult without a solid, rational foundation.

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