About Consistency

[sergso 10]

I found this and I think it is intriguing. You have to try hard to become a consistent loser.

[zupcon 10]

I found this and I think it is intriguing. You have to try hard to become a consistent loser.

 

He makes a perfectly valid point that ignoring costs, or deliberately eroding capital through maximising transaction costs, its equally as difficult to design a losing strategy, as a winning strategy

 

Having said that, it is slightly easier to lose even under those circumstances

 

You could assume a level or risk that increased the probabiity of ruin, and of course, theres the age old problem of requiring a 25% gain to offset a 20% drawdown, 100% gain to offset a 50% drawdown, 400% gain to offset a 75% drawdown which helps enormously

 

Id be fairly confident I could design a system with a larger negative than positive edge