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Traders will begin to learn to win when they first expect to win. (My quote). Why? Because they will persist until they find a way to win.

But they do matter! And they are a measuring stick! And it is best to have a high win rate! The size of the wins vs losses complement or are destructive based on the win rate. The times you win is way more important than the times you lose. The more times you win big the bigger your profits. The...

Keep on dreaming. I shall not awaken you. But you might want to up your $$ amount of risk to get a better perspective on the psychological aspect of trading. As well as the win rate aspect. I fear your present $10.00 a trade risk will not “cut the mustard” so to speak. Big money kicks in big...

He might restore your eyesite and at the same time awaken you out of your coma comagnum. However, you must UNDRSTAND 35 pages of Brooks books did NOT CAUSE your eyesight problems. It may have been all those wasted years studying and implementing useless strategies and tactics along with working...

So a 10% win rate is surely the way to go in order to maximize profits? Any strategy that is predicated on a 10% or 20% win rate has the implicit ability to render max profitability??? Why not build a high win rate methodolgy that has implicit capacity for max profitability? Problem is most...

The argument for low win rate NOT being bad is predicated upon a lack of ability to devise a strategy and things of a tactical nature that WIN. It quickly becomes an excuse for failure. Logically..who just wants to lose?? And then get “lucky” once in a great while. Sooner or later there will...

So is a win rate of 20%. Sloppy fishtailing all OVER the place... guaranteed to end up in the ditch holding a pink slip...LOL. win rate is the most important metric followed close by average win bigger than average loss followed closely by biggest win vs biggest loss followed closely by MAE and...

Identical to the “freddy loop”?

Thanks! Nothing like confirmation. I’m AM RIGHT, I am brilliant and I am willing to admit my shortcomings. The only fault I have is I did not realize how “great” I really am. ROFLMAO

You mean like the Freddy Loop?

Excerpt from article: Why Some Technical Analysis May No Longer Be Effective: An Interview With Michael Harris by John Navine “There are still some chart pattern traders who claim that although most patterns fail if they can be right 20% of the time they can profit because they make on the...

“My point in favor of high win rate is that risk of ruin is directly proportional to win fraction. High win rate, lower risk of ruin. Simple.” Quote by Michael Harris

First most important metric: win rate Second most important metric: average win vs average loss. Third most important metric: biggest wins vs biggest loss Fourth most important metric MAE vs MFE Fifth most important metric: look on the wife’s face..frown or smile. The rest of the metrics...

ROFLMAO win rate is a very important metric $$$ wise ....psychological wise...keeping wife happy wise... A trader can go ahead and lose 99.999% of the time if he/she wishes. That just tells me such a trader cannot correctly pick trades, is a loser, and will end up broke with a 99.9999%...

I cannot stop .....

Very nice. Thanks for sharing.

ROFLMAO i confine my DAYTRADING to ES, YM, NQ. AND that is ALL i do, i.e. daytrade. Absolutely no overnight positions. I find these three to be a GOOD supermarket..LOL