The Surprising Truth About Common Mistakes

if you understand this you're going to understand something that most people in trading don't even consider or realize a concept called the central limit theorem this is showing us the distribution of getting heads on a coin flip in the frequency in which it happens over the amount of flips you'll see here the frequency is extremely spread out and this is over only five flips but if we look at the same exact example out of 100 total tosses you'll notice something completely different now we're going to see something called a bell curve where the expectancy over

enough coin flips is going to get us closer and closer to it being a 50/50 shot over a th tosses you'll notice an even smoother Distribution on the bell curve if we were to have that in this situation where we were to have five on each side now in this situation you have $10 on this side and only5 on this side and the more tosses that we did would get us closer and closer to this 50% probability which would essentially mean that we would be guaranteed 2x our money