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  1. Trade Prophet

    How important is the win percentage?

    I agree, I'm happy everyone is contributing, i will use the pearls of wisdom here for my next article on the topic, wish I could use them for the initial one provided in the link of the 1st post, but will definitely use for the 2nd one, a humble thanks for everyone
  2. Trade Prophet

    How important is the win percentage?

    Equities and ETFs, these strategies run at around 40% And options, here it's a split vote - selling runs at around 65% and buying at around 30% But again due to the explosive potential of buying options, the winners make up for the losers
  3. Trade Prophet

    How important is the win percentage?

    Do you track other risk metrics?
  4. Trade Prophet

    How important is the win percentage?

    Well said, thanks
  5. Trade Prophet

    How important is the win percentage?

    I agree completely on the average loss /average win issue, that's what I tried to explain in the article provided in the link at the primary post, regarding MAE & MFE I never really saw these as major contribution to my understanding of a trading strategy but maybe I'm missing something here, I...
  6. Trade Prophet

    How important is the win percentage?

    Nerves of still, stay successful
  7. Trade Prophet

    How important is the win percentage?

    I honestly think many retail traders don't even know their numbers and I agree the are probably at 50%,monitoring your track record for the numbers is crucial
  8. Trade Prophet

    How important is the win percentage?

    I have to say that all the swing trading strategies I have tried with average down turned out losers, 85% win rate mind you, but these 15% losers killed the strategy
  9. Trade Prophet

    How important is the win percentage?

    Agree, Same here, we run at around 40% win rate, but that's the last number I look at, some of our options strategy stand at... 20%! But when 1 out of 5 is a big winner, it covers the losers and then some.. When someone posts his (it's never hers, is it ) 95% win rate I smell a rat
  10. Trade Prophet

    How important is the win percentage?

    Our win rate is 40%-45%, but the profit factor is above 2 thanks to position size management, this is how we are able to beat the market over the long run, add low commissions and a tight regime of buy stop, sell stop orders and that's basically it, no rocket science, just math + discipline
  11. Trade Prophet

    How important is the win percentage?

    How important is the win rate when trading stocks, futures or any other asset class? If you lose more than 50% of the time, does that necessarily means that the strategy is a losing strategy? https://www.alphaoverbeta.net/blog/
  12. Trade Prophet

    What's the emotional price of trading current markets?

    It's like you say, a good system makes up for the bad trades with future better trades, but at the moment of the trade you ask yourself "why?", that's what I have seen with my trading strategies, but I have also learned to trust the strategy
  13. Trade Prophet

    What's the emotional price of trading current markets?

    My trading is fully automated because if the reasons you mentioned and for the reason in my first post, I have a tenancy to procrastinate, now when all my trading, A-Z, is done automatically my performance had improved because I'm no longer there to delay the entry, exit decision, the computer...
  14. Trade Prophet

    What's the emotional price of trading current markets?

    Cruel... Difference is you fight to be cured from lung cancer while trading lasts.. If you manage to get the hang of it, but I like the analogy
  15. Trade Prophet

    What's the emotional price of trading current markets?

    I agree, but I don't think most retail traders know their win rate, they probably *think* they know, but actually following their trade log to find out what is it exactly is probably too much for them.
  16. Trade Prophet

    What's the emotional price of trading current markets?

    I like your answer though I don't think trading should or is fun, it's hard, challenging and routine, it's about not being right but being on the right side of the trade, The weekend after a profitable week is fun ;-)
  17. Trade Prophet

    What's the emotional price of trading current markets?

    Thanks for the honesty , you writing is spot on, it's really hard and grinding, I agree with your conclusion and let me tell you, the voices and doubts are not going to stop, the human brain is not wired for trading, human psychology is risk averse and build for procrastination, but know this...
  18. Trade Prophet

    What's the emotional price of trading current markets?

    I like it, you know how to handle it, must have taken years, this is not something you are born with
  19. Trade Prophet

    What's the emotional price of trading current markets?

    Trading is no easy process, for many reasons - psychology being one of the major causes of the challenge. In normal days, if ever there were any normal days in the market.., the psychological aspect is there for one reason - uncertainty. The human brain is not functioning at its peak when there...
  20. Trade Prophet

    Who's driving the current market?

    And when there is a downturn in the market, reverse the arrows..
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