You could get rich with a system that wins 20% of the time but losses 80% or more of the time. use tight stops and lets profits run, you could have an avg stop of 5% per trade and an avg winner of 100% and do quite well as a trend follower. The win / loss is mostly a reflection of how long you spend in winners and how long in lossers. It's not really important to look at the win/ loss ratio for information, especially if you are trading for the long term.
Good morning, thank you for all the answers in special to Jango. I think about your anwers and I studi the different options to stops and rewards. When I feel good,is when I have a rstio risk/reward 1/1 with tall fiability,but in this moment with 1/3 and fiability 50% i win money. I HOPE THIS CONTINUE THIS WAY. ALREADY I YOU WILL GO COUNTING
I win about 45 percent of the time. About year 2001 I lost 19 out of 20 trades. I seek to make infinity when I enter a position (trend follower).
FWIW, our traders rarely, if ever, use "hard" stops....we prefer "alerts" so we can make an informed decision at a pre-determined price...sometimes stops get triggered at the worst possible time. Don