The premise of this scholarly document deals in probabilities using the rate of transmission over a communication channel as a model. Applying the idea that the input symbols to a communication channel represent the outcome of a chance event on which bets are available at odds consistent with their probabilities, a gambler can use the knowledge given him by the received symbols to make his money grow exponentially.
The Forex trader can apply the same principles to his trading psychology and method, using the model described here in mathematical equations. "The essential requirements for the validity of the theory are the possibility of the reinvestment of profits and the ability to control or vary the amount of money invested or bet in different categories." This is advanced theory for the trader who understands the basics of probabilities and can reassign such ideas to concrete data usable in his daily trading method ... download the eBook to read more
Members' reviews (0)
We welcome readers reviews. Please stay on topic and be respecful of other readers. Review our comments policy.
You must be logged in to post a review. Please login or sign up for a free membership account.
No comments have been posted for this eBook yet. Be the first to post one!