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In summary, the article discusses a strategy for calculating the probability of a stock price reaching a certain point using a random walk model. The article also mentions the use of "maximal curves" and converting the price using volatility into a standard unit variable for comparison against a step process. The author admits to having little knowledge of mathematics and asks for clarification on how the formula is calculated and how to obtain the maximal curves. They also acknowledge that this may not be the most practical or advisable strategy.

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borson said:I found the whole explanation in this article: http://forexop.com/strategy/stop-loss-profit-placements-max-returns/The thing is that I have little knowledge of mathematics,and thus I have no idea about how that formula is calculated.

Random walks are not a particularly easy topic. You are in way over your head. There are much easier ways to lose all your money. For some background on the Foreign Exchange world and associated "advice" on the internet, see this recent thread:

https://www.physicsforums.com/threa...neer-with-good-background-in-maths-nn.949146/

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my favorite thing in that article is the "discrete unitary step function" which sounds like either "discrete unit step function" or the author is just making things up.

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