What is a Monte Carlo Simulation and Why is it Important for Trading?

What is Monte Carlo Simulation?

Monte Carlo simulation is a mathematical technique to show the probability of certain outcomes given a set of data. It is an algorithm that randomly samples input data over and over and then visually aggregates the results as an estimate.

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Stratos Trading

Stratos Trading

Platform for research and execution of systematic cryptocurrency trading strategies. Check out our strategy library stratos.trade