Trading Strategies

Confirmation and Its Price

Every entry is a trade between price and certainty: the earlier you act the better the price and the weaker the evidence, and the later you act the reverse. This paper puts numbers on that exchange — what a confirmed entry costs in reward, what it buys in hit rate, the break-even that decides which is worth taking on your instrument, and how to measure both on your own record.

Difficulty
Intermediate
Reading time
52 min
Pages
22