What are the general Win rate and RR of professional/Full Time traders?

[ironchef]

^

What is yours as well?

If you ask Taleb, his win rate was horrible, his RR was astronomical and he made enough so he could retire, lives like a king, teaches and writes books.

Kidding aside, what is important in my book as a mom and pop retail trader, is to be able to beat a benchmark like SPX consistently year after year. Nothing else matters, not even risk adjusted returns.

 

[VincentvanG]

15% win rate and profitable.
believe it or not

 

[themickey]

15% win rate and profitable.
believe it or not

Is your 15% win rate the same as saying that 85% of the time you make no money on your trades? Does it mean only 15% of the time your trades are right?
If so, for me I wouldn't be able to sleep. The risks are too high and although all indications were at the end of a period I were in profit, knowing that profits depended on a slim % of trades, I would myself stop trading that system

 

[iamnewuser911]

15% win rate and profitable.
believe it or not

Yes I do. How much is average winner vs loser?

 

[NominalSpeculator]

on my last run on a paper account i had 67% win rate on 140 or so trades over 15days. GPR of 4.6
but it doesn't mean much as you can't compare these figures across strategies.

 

[iamnewuser911]

on my last run on a paper account i had 67% win rate on 140 or so trades over 15days. GPR of 4.6
but it doesn't mean much as you can't compare these figures across strategies.

GPR?

 

[NominalSpeculator]

GPR?

gain to pain : sum of positive PnL / sum of negative
http://eclecticinvestor.com/the-gain-to-pain-ratio/

 

[ironchef]

15% win rate and profitable.
believe it or not

You sounded like a long side options trader in a bull market.

 

[Humpy]

It all depends on your system.
You can be profitable with a 30% win rate and lose on a 70% one !

 

[tiddlywinks]

It all depends on your system.
You can be profitable with a 30% win rate and lose on a 70% one !

+1

"Win rate" is a meaningless metric.

Make 3 trades...
Trade 1 loses $100 NET
Trade 2 profits $100 NET
Trade 3 breaks even NET

What is the win rate?
Does the win rate indicate the soundness, capability, or profitability of the trader?

make 10 trades
7 trades (in a random order of the total number of trades) each lose $100 NET.
1 trade loses $300 NET
2 trades (in a random order of the total number of trades) each profit $600 NET

What is the win rate?
Does the win rate indicate the soundness, capability, or profitability of the trader?

Without using values, even something simple like avg P avg L per trade to benchmark against, win rate means nothing. You can play what-if with win rate, that's about it. What-if trading metrics = sim mode.