From 32005b886a9cc5916e015cb1308ce3e78572db7b Mon Sep 17 00:00:00 2001 From: silvavn <37382997+silvavn@users.noreply.github.com> Date: Thu, 3 Sep 2020 13:39:38 -0600 Subject: [PATCH] small typo --- docs/edge.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/docs/edge.md b/docs/edge.md index e147cc15e..500c3c833 100644 --- a/docs/edge.md +++ b/docs/edge.md @@ -44,7 +44,7 @@ Edge positioning tries to answer the hard questions about risk/reward and positi Let's call $o$ the return of a single transaction $o$ where $o \in \mathbb{R}$. The collection $O = \{o_1, o_2, ..., o_N\}$ is the set of all returns of transactions made during a trading session. We say that $N$ is the cardinality of $O$, or, in lay terms, it is the number of transactions made in a trading session. !!! Example - In a session where a strategy made three transactions we can say that $O = \{3.5, -1, 15\}$. That means that $N = 3$ and $o_1 = 3.5$, $o_2 = -1$, $o = 15$. + In a session where a strategy made three transactions we can say that $O = \{3.5, -1, 15\}$. That means that $N = 3$ and $o_1 = 3.5$, $o_2 = -1$, $o_3 = 15$. A winning trade is a trade where a strategy *made* money. Making money means that the strategy closed the position in a value that returned a profit, after all deducted fees. Formally, a winning trade will have a return $o_i > 0$. Similarly, a losing trade will have a return $o_j \leq 0$. With that, we can discover the set of all winning trades, $T_{win}$, as follows: