16th August 2004, 12:46 PM
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Yes I do understand that if you have a run of tossing heads 100 times in a row the odds of tails coming up on the 101st toss is even money, BUT ....
If your system shows say a 25% S/R and you have just had 12 (just plucked this number out) losses in a row then, you have a serious argument to say that your system may deliver 5 of the next eight winners. It has to do this to get back on track!
Also when a system has a long run of outs, maybe people drop off and the odds will be better?!
Comments?
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