Need to eliminate the big losses

[FreakofNature]

Whattttttttt? Math FAIL.

I don't think so.

 

[tomorton]

I don't think so.

Your maths are correct.

But my suspicion whenever I hear of a trader with a massive win:loss imbalance, like 1:6, is that they didn't plan for 6, it was just where the pain got too bad and they exited at a random price tick. The loss could then as easily have been 3x or 4.5x or 10x. Yes, its very possible to have a profitable strategy with av loss 6x av win - but was that ever the plan?

 

[comingkingofisrael]

The stock market has a driver: Capitalism and Central Banks printing.If you're discretionary but trading something other than the stock market how do you know there's anything there at all?
I think you need to keep the variables to a minimum,same time frame,same bet percent and let success tell you if you've got something (tripling your account).People will tell you it's doable but unless they tell you how it's just hot air and then is it doable enough to make it worthwhile?Happily the main psychological manipulator is off the scene and took his sidekick with him but look out for you.Nobody else cares.

 

[Buy1Sell2]

View attachment 179817

Correct

 

[Spectre2007]

little experiment that was run. The loss has to be limited at a level where the wins on a highly accurate system compensate for the large loss. Its far more easier to just admit your wrong before it wipes out most of the gains.

 

[FreakofNature]

Your maths are correct.

Of course they are, these guys are a bunch of amateurs thinking there is only one way to skin the cat, when there are plenty, thick headed close minded aholes.

Your question.... no, unintentional, just went with the most profitable system I could develop.

 

[Buy1Sell2]

Only a fool chases high win percentages and allows losses to be much larger than wins.

 

[Buy1Sell2]

Your maths are correct.

But my suspicion whenever I hear of a trader with a massive win:loss imbalance, like 1:6, is that they didn't plan for 6, it was just where the pain got too bad and they exited at a random price tick. The loss could then as easily have been 3x or 4.5x or 10x. Yes, its very possible to have a profitable strategy with av loss 6x av win - but was that ever the plan?

Agree--The individual trading with that rr is just letting trades run against them until the price comes back enough to eek out small gains. That plan is only successful with the help of dumb luck.---Doom awaits---

 

[Buy1Sell2]

But not as good as owning a put.

May as well just buy a call then and forget about 2 legs.

 

[tommcginnis]

I don't think so.

You're totally right.
My total Bad.
Jeez.