Futures Bsd

[volente_00]

If i recall isn't your strategy based on like a 20% win rate ?

 

[coolweb]

Quote from volente_00:

If i recall isn't your strategy based on like a 20% win rate ?

Nope, I wouldn't trade a method with a 20% win ratio.

All the strategies I research have at least a
75%+ on backtested

after human errors, that becomes a 50% or so
after commissions and dumbness, that probably becomes a 30%

but risk reward is usually at least 1:10 - 1:20

So it works ok.

 

[volente_00]

How do you deal with the emotional aspect of losing 70% of the time even though it is net profitable ?

 

[coolweb]

Quote from volente_00:

How do you deal with the emotional aspect of losing 70% of the time even though it is net profitable ?

Simple

For a 10 lot size

When I win , its like $2k-3k
when I lose its like $200 or breakeven

so pretty much I'm waiting for the next windfall while treading water.

 

[coolweb]

one idea:


There are no guarantees in direction/points in directional trading.


Sometimes you breakeven,
Sometmes you are damn lucky espically when you are in the money!!!

But EVERYTIME the trader should keep his losts small.

 

[coolweb]

Good trading is so boring.

Good thing I got the TV and the discovery channel!

 

[coolweb]

4 days this week

I had 0 trades. I've been boucning around near the workstation for over 48 hours this week.


My system is now perfect.