yes i know most successful traders do hedge their positions. i for one am into scalping so my trades are very short lived 6- 10 minutes on an average, if i was swinging or even holding intra day for longer duration, i would definitely hedge my risk.
After I got my long term down well, got very bored, so horribly went into scalping and years of learning how to scalp, took 7 years just to turn profits and another 10 years to refine the art. I grade my exits to A-B-C-D-F, never gotten it above a "B", but most trades out under 2 minutes on 80%, added runners 2 years ago for the other 20%. The percentages alter on slope angles of price, steeper slopes runner percentage increase and weaker slopes do less runner percentages. The greatest risk is when I am scalping, too expensive to be doing tight hedges.
You're completely wrong and giving bad advice. To illustrate, I've lost money on a 90% strategy and made most with something that has a win rate below 60%. I'll leave you to figure out the math.
Insufficient information to choose, it all depends on expectancy. For example a 30% win rate with R:R of 2:1 is preferred to a 51% win rate with R:R of 1:1. My win rate is quite a bit below 50.