Registered: Dec 2008
04-23-12 08:07 AM
Quote from Ghost of Cutten:
... So, the question is - why not just be super selective? Take the best 5-6 trades each year and forget the test. Or at the very least, only take a trade if it has a seriously good chance of being a 'trade of the year' candidate.
Any thoughts? I know the system traders will (of necessity) disagree, but for us discretionary guys, shouldn't we be about 5-10 times more selective and only take the very best setups?
A system traders' viewpoint ...
Quote from dom993:
... The "randomness" of the large winners ... IMO, the tendency of big winners to "prefer" marginal setups comes from the surprise factor ... when the majority is caught on the wrong side ... you never get that if you are taking the most obvious or cleanest setups. But those marginal setups have a lower win%...