A Life That Cannot Be Measured by Expected Value - How Negligible Losses Change the Future

It is often said that lotteries have a low expected value. Those who have studied investment or insurance may be even more ...

Is Mental State Really the Reason You Can't Win at FX? The Essence Considered Through Expected Value, Market Environment, and Backtesting

When unable to win at FX, many traders look for new methods, review how they cut losses, or try to strengthen their mental state.Of course, these efforts can lead to results. However, what concerns me ...