over 90% win rate

[TraderEX]

opened the greedy gate somewhat today just

follow the chart simple if you created it contributors; Handle 123 and Electric Savant thx oops very fat finger, the fattest going to smoke up a little pre victory celebration this reminds of the jokers wild with snoop dog I can keep this cash or come back for the bonus round drum roll please loling

 

[TraderEX]

getting a little greedy better be careful EX love the draw down vs. the run up

 

[TraderEX]

getting a little greedy better be careful EX love the draw down vs. the run upView attachment 191258

I think 90% is very possible! i think this as I am over that for the month.

 

[wwatson1]

He should post his verified Myfxbook account on here, then we could look at the trading in a more constructive way

 

[timdug]

I met a TraderEX and he told me that 100% was very realistic on a daily basis. The few tips he gave me panned out immediately. It's a 1 tic profit system. Is yours like that?

I met a large sized trader that was doing 20k lots. His strat was a 1 tic system. I initially had a hard time getting my head around that before I worked for a prop firm. Then realised that there were 2 internal teams spending a lot of resources to find a 1 tic win system. Pretty crazy right!

 

[bilbo64]

He should post his verified Myfxbook account on here, then we could look at the trading in a more constructive way

i agree!

 

[maxinger]

This is one way of calculating win rate :

win 5 ticks
win 3 ticks
win 6 ticks
win 4 ticks
win 4 ticks
lose 100 ticks
win 3 ticks
win 9 ticks
win 4 ticks
win 5 ticks
win 9 ticks


win rate > 90%

 

[Visaria]

I reckon you could make a lotta money if the conditions were reversed i.e. stop loss 1 tick and either a target of 100 ticks or trailing stop.

Psychologically, it would be horrible since you would be stopped so many times, but depends if you are in this game to make money or for your mental issues.

 

[El OchoCinco]

If somone can make good money with a 50% win rate, and we know plenty of credit spread sellers on the S&P with 90% probability/win rates who get blown out that one time, then win rate is bullshit meaningless stat. Net profit and its related stats are all that matters....

But many people here prefer to debate bullshit and it shows up in their net PnL and they wonder why they cannot make money.

 

[bone]

I've seen plenty of traders with high win rates blow it all on one bad trade. I've seen traders give back a year in one day. And much worse.

Really sound position management with a modest win rate is very serviceable indeed.