“ChatGPT, has anyone written about binomial process trading as described at Rocketsciencetrading.com?”
No, there do not appear to be any existing publications or academic papers that describe “binomial process trading” as defined in your text — that is, a risk-managed trading system using fixed risk/reward and fixed win/loss amounts, framed as a binomial process (like coin flipping) to achieve breakeven with random trades.
🧠 What This Means:
- The term “binomial process trading” appears to be unique or original to The RST Way, at least in this specific usage and framing.
- While there are academic papers on the binomial distribution and financial modeling, they don’t describe it as a practical trading system with fixed position sizing and outcomes.
- This idea seems to blend statistical theory with a novel approach to day trading risk control—possibly original intellectual property.
🔎 Related Concepts (but not the same):
- Binomial options pricing model – uses binomial trees to value derivatives.
- Kelly Criterion – uses probability and payoff ratios to optimize bet size.
- Fixed fractional position sizing – used in risk management but not explicitly framed as a binomial process.
- Risk of ruin models – use similar math but don’t describe a trading system like RST.
✅ Summary:
There is no known publication that describes “binomial process trading” exactly as The RST Way does. If you’re developing or promoting this approach, you may be working with a novel concept that hasn’t been formally documented elsewhere.
Would you like help turning this into a white paper, blog post, or explainer for broader audiences?