Why?You may be 80% and making profit, but this is horrible risk management, and you're going to crash and burn.
hmmm. hoodooman posted sooo many postings.
Only those with about 60% success rate are worthy and priceless.
Those exceeds 80% success rate are very good system to zero out your trading account.
surgeons must improve the success rate so that there is less death.
lawyers must improve the successs rate to have more wins.
archers must improve the success rate and hit centre all the time.
trader is probably the only profession where the more you improve the success rate,
the more you lose.
Also if you hear 'THERE WERE NO LOSER', you'd better run far far away !
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hmmm. hoodooman posted sooo many postings.
Only those with about 60% success rate are worthy and priceless.
Those exceeds 80% success rate are very good system to zero out your trading account.
surgeons must improve the success rate so that there is less death.
lawyers must improve the successs rate to have more wins.
archers must improve the success rate and hit centre all the time.
trader is probably the only profession where the more you improve the success rate,
the more you lose.
Also if you hear 'THERE WERE NO LOSER', you'd better run far far away !
__________________
It should be clear to anyone with experience that what maxinger is referring to is that a high win rate doesn't necessarily equate with good trading performance.ROFLMAO
When you think you have really seen everything on ET, something new, more spectacular, pops up. ET is really for the ELITE traders.
I will make a few losses today to lower my success rate and reduce the risk of being wiped out.