Variance is generous!
threadreaderapp.com·8w

Variance is generous!You don’t need an edge to beat the prop-firm game. You don’t even need a strategy that makes money in the long run. All you need is something that can stay alive long enough for one of those inevitable hot streaks that random variance hands out to everyone eventually.Even a coin-flip approach, or a mildly losing system, will still deliver runs of +20%, +30%, sometimes +50% or more. Those runs don’t care whether you have alpha; they just show up.

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