"Average Win/Loss ratio and Percentage Profitable - These two statistics add little value, if any, by themselves. When taken together, however, they can be very valuable. If I were to rank a statistic, this combination would probably come out on top. ... If this combination exists, you are about as close to a Holy Grail strategy as you are going to get." - The Trading Game by Ryan Jones
Yes i will do, thank you for your help. I think i play with xbox, that more easy. Thank you again, mr. street smart. If you dont like my posts, then dont read them. I have read all your posts, and it seems to me you are realy a great trader, how many millions do you have made with trading ??? I am no trader i just wanted to troll around. Actually i am 13 years old and live with my family in colorado. But maybe you could teach me how i could be one day a great trader, how you be....?? thank you anyway
If I get it, the subject of the debate is whether win rate is important. I think the answer is "it depends", an answer that applies almost to all questions about trading. If you are a scalper then high win rate matters. If you are a trend follower, win rate may not matter. If you are a swing trader you should have it as high as possible. In general, the higher the win rate, the better it is for your drawdown because the number of maximum consecutive losers is approximately equal to -4/log(1-win rate) In addition, consistent long term trend following may require win rates > 50% to account for volatility and lack of trends during some periods. This has been argued in this blog. "Evey trend following system must have a short-term position trading aspect to it that is balanced well for longer-term survival."
I used to run an rtm system which had a win rate of 80-90% and av.win/av.loss of around 0.7 . It was quite good. Interestingly, the exit rules were such, that even with random entries , it gave 70-75% win rate (but lost money).
LOL Boy, you would better do and try to understand my posts, and be thankful when a true MASTER tell you some wisdom. I bet 1M$ i am a better trader, than you will ever be. Yeah, i would also bet 2M$, bcuz i think intolerant & ignorant people like you, will never understand what it is all about, bcuz you have an too small horizont. But thats not your fault. Anyway, i wish you the best in your trading/gambling with your 1% win rate. HAHAHAHAHAHA 1%, sorry i cant stop laughing. you are really the funniest clown i have ever met. LOL. HAHAHAHAHA
What is the purpose of trading with 1% win rate? Does such a system provide better overall profit, than say 50% system?
Someone should beat you to dead, for such an stupid question !!! Does an 80 years old man die earlier than, lets say an 20 years old man ??? Can the grandpa live longer if he have the right profit factor ? How often will he get an hearth attack befor he can finally become a new hearth, and fullfill his 100 years ???? LOL This formum becomes every day more an more the homebase for all retards of USA. Sorry but only americans can ask soooo stupid questions.... LOL Dont you have any education in your country...
Well, I just asked this stupid question being "slightly" not American. Now seriously, probably there are some advantages in trading 1% winning rate system, but I really don't see any. Equity curve would look not too smooth, which I don't like.