It is funny to see how many people cannot read correctly. He is not saying all his trades are winning trades... The formula is; E(R) = (PW x AW) – (PL x AL) where; E(R): Expectancy/ or Expected Return PW: Probability of winning AW: Average win PL: Probability of losing AL: Average loss Notice they also speak about LOSSES. Being right refers to following his system and not breaking the rules. Unless I did not read correct...
Wow! Pretty low level thinking there!! Do you think you are better than a "third worlder"?? (PS I'm from London).
Thank you for clearing that up Mtrader! Amazing how low some people will go to try to prove us "third worlders" wrong
By the way, for all those who have any doubts, my mission isn't to promote TST (although I think they do offer value for some people)...I'm simply here to share what has helped me go from spinning my wheels to making steady %age gains over the long haul with trading. So many things that people overlook, or refuse to believe, would really help them turn the corner. THAT'S what I'm here to promote!
Your mission is well known Keep up the demo trading(FAKE MONEY) at topstep , you might earn fake money from the fake traders , but when you run a live account at top step , let us know
You forgot the most important word in the title: EXPECTANCY. That word is clearly there. Read what is there not what you want to be there. In his explanation it is very clear he is speaking about expectanccy.