How much would you risk on a GOOD trade?

Discussion in 'Risk Management' started by macintash, Oct 30, 2013.

  1. %%%%%%%%%%%%%%%%%%%%%%
    Well, mr mac;
    since a 90% hit rate, could mean you are wrong 10 months in a row; 95% hit rate could mean wrong 5/+ months in a row. NOT a prediction.....

    It would also depend on your age;
    when young,, blow ups can be exciting + overcome:D

    Hint;
    don't do 35%, that means you have to get more 70% to just break eve; add trading books commission$, + slippage +power bill$ , ,.............................................................................................................................................................................. .Word to wise .Thanks for the question
     
    #91     May 29, 2014
  2. I don't get the math. How does the hit rate indicate how many times in a row you could be wrong?

     
    #92     May 29, 2014