@deltatrendtrading: Monte Carlo simulation allows us to answer a lot of very complicated problems were analytic solutions may be unavailable or intractable. We can stitch together as many realistic features in our simulation as we want, as long as we’re capable of simulating them accurately, then watch an abundance of outcomes, play out in order to derive meaningful probabilities. Next, we’ll look at the applications of Monte Carlo simulation to funded account challenges, and see if we can determine a mock traders probability of passing or failing that funded account under different assumptions. ##quant##quantfinance##quanttrading##quantitativetrading