Win Lose or Draw : Be A Steve, Make A Call Message Board

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Strategies & Market Trends : Win Lose or Draw : Be A Steve, Make A Call

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To: augieboo who wrote (11419)	6/15/2003 8:51:55 PM
From: Sojourner Smith	Read Replies (3) of 11447

The point was completely missed. @@ The point is in the position sizing and that the bet is made on the thinking that an outcome that is 50/50 would have to be evenly distributed making more money before "risk of ruin." My original point was: I was defending the argument that neural nets were no better than a coin toss. I stated that 50/50 could still be profitable with position sizing. However, the goal is to get a net in 70% correct range. The thing I like about neural nets is not the entry but the exit. That is the main pitfall for me in using any other method. The question is: does any method people use that are posting have better odds or even if they are right 80% of the right, will they still lose money overall? However, I am open to any high probability selection method using fundamentals or TA.

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