How would you describe your trading style?

[qlai]

If you are familiar with Peter Brandt, I do something similar to him.

Interesting, if I remember correctly from his book, his win rate is low. Your win rate is high because you also sell options premium?

 

[krugman25]

Interesting, if I remember correctly from his book, his win rate is low. Your win rate is high because you also sell options premium?

I don't know what Peter Brandt's win rate is, I was simply comparing how he approaches multi-time frame price action to myself.

None of what I said includes short premium trades.

 

[comagnum]

None of the above. A lot of small losers & small winners that typically scratch each other out, with some very large winners.

 

[tenny1886]

what exactly is a good win rate ? percentage wise. anything above 50, or 60, or does it have to be around 70-80.

 

[krugman25]

what exactly is a good win rate ? percentage wise. anything above 50, or 60, or does it have to be around 70-80.

The win rate by itself is meaningless without context. Context being your RR ratio. If you are winning 10 units for every 1 lost, then a 10% win rate is break even. If you are achieving a 1:1 then you need a 50% win rate to break even.

 

[ShowMyTrading]

Alot of small losers and few big winners

 

[SimpleMeLike]

and what is your preferences.

vincentnyc,

I have been forward testing 2 trading styles : 1. Letting a winner run for big profits 2. Exiting for small profit, scalping.

I am not sure what style I prefer yet.

 

[zdreg]

lose on every trade but make it up on volume.

 

[vincentnyc]

lose on every trade but make it up on volume.

who is your broker?

 

[TommyR]

id describe it as quite globalist. always down money though. over-reliance on runners hiding less than solid fundamentals. looking for a longer gamma negative pnl situation that persists more globally such that it could make money if could only trade at 1 minute intervals if required, not interested in one night stands or playing games.