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Hey @alexbilz Does this imply that the higher the frequency of trading the higher the loss rate? If so, would day traders minimize losses if they went weekly or monthly or quarterly?
If you repeat an act with a failure rate of 1/N, N times, each act has a success rate of (N-1)/N. Cumulative success after N acts, ((N-1)/N)^N, converges to 1/e as N → ∞. Attempt an act that has a 99% success rate & the global failure rate is ≈63% if 100 attempts are made.
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