Casino principle vs. risk of ruin

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GroovEye

Age: 34
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As casinos and trading both work on probabilities, when you have an edge and overall positive expectancy, you are making money in a long term.
You might have a streak of loosers but after many trades, the total
result is positive. Thats how casinos never loose money. Why than, if
you calculate risk of ruin, the more trades you base it on, the higher
your probability of ruin? The risk should go down with increasing number
of trades.

Posted 12 Mar 2021

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lifetime

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Posted 12 Mar 2021

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Posted 12 Mar 2021

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Posted 12 Mar 2021

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Posted 12 Mar 2021

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Posted 12 Mar 2021

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Posted 12 Mar 2021

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lifetime

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Posted 12 Mar 2021

lifetime says

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Posted 12 Mar 2021

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