rallymode stated previously, "I already said i am hitting a 90% win rate at 1:1 or 2:1 risk/reward." If he is getting that kind of %win/loss with trades that are CTM, then we are having an entirely different discussion. He is obviously very confident in his market analysis, entry and exit timing, to achieve those results. That's a good thing (tm), don't get me wrong. But its not a question of strategy, its mostly related to trade entry and exit.
Trading WFOTM carries an implicit admission that I do not have a timing method that I trust to give me a high %win/loss while also keeping a low risk/reward. Instead, I just rely on brute force statistics to achieve a good %w/l. I throw a little timing in there too, which also helps with discipline.
Don't be afraid to ask questions of riskarb. He has been very generous with his time and knowledge. Whether or not you will understand his answer is a different matter
Trading WFOTM carries an implicit admission that I do not have a timing method that I trust to give me a high %win/loss while also keeping a low risk/reward. Instead, I just rely on brute force statistics to achieve a good %w/l. I throw a little timing in there too, which also helps with discipline.
Don't be afraid to ask questions of riskarb. He has been very generous with his time and knowledge. Whether or not you will understand his answer is a different matter
