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Quant analytics: Heads = buy, Tail = sell

(Last Updated On: October 20, 2011)

Quant analytics: Heads = buy, Tail = sell

Why is it better off for a new trader to flip a coin (heads for buy, tail for sell) instead of using judgment to trade? If you flip a coin you loose 50% of the time. If you use your intellect you lose 90% of the time?

Does anyone know if this subject was studied. I am sure it was?

 

 

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