You could get rich with a system that wins 20% of the time but losses 80% or more of the time.
use tight stops and lets profits run, you could have an avg stop of 5% per trade and an avg winner of 100% and do quite well as a trend follower.
The win / loss is mostly a reflection of how long you spend in winners and how long in lossers. It's not really important to look at the win/ loss ratio for information, especially if you are trading for the long term.
use tight stops and lets profits run, you could have an avg stop of 5% per trade and an avg winner of 100% and do quite well as a trend follower.
The win / loss is mostly a reflection of how long you spend in winners and how long in lossers. It's not really important to look at the win/ loss ratio for information, especially if you are trading for the long term.