Do the math... I sold out on the 19th of January... at 50% success rate what are the chances of getting it right 11 trading days in a row by chance? lets run with 10 days at 50% accuracy.
run the test on a coin.
Let’s first calculate the probability of getting tail on fair coin when you flip it one time.
P(1) = 1/2 = 50% (Because coin has two sides, H & T)
If we flip the the fair coin 1 time then the probability of getting tail is 1/2. Now here we are flipping it 10 times. Then it would be,
P(10) = 1/2 * 1/2 * 1/2 * 1/2 * 1/2 * 1/2 * 1/2 * 1/2 * 1/2 * 1/2
P(10) = 1/2^10
P(10) = 1/1024
The probability of flipping a coin 10 times and getting tails every time is
1/1024 - i.e 0.09765 % (It’s highly unlikely)
Thanks Sachz
GXY Price at posting:
59.5¢ Sentiment: Sell Disclosure: Not Held
