How long before you toss away your strategy ?

[Attila the trader]

I would say based on results over 20/25 trades - I base this on Mark Douglas advice from Trading in the zone.

i don't think that would be sufficient , especially if it spaced within a small time frame and similar market conditions

 

[IceThor]

I think part of it would depend on how and why you cam up with the strategy in the first place.

 

[Attila the trader]

Why is 50% important? Many successful trend followers survive with 30% wins. Isn't it really about expectancy (avg trade)?

30 % !! if you are just taking the pure strike rate , thats worse than tossing a coin , why would you go with it ?

 

[IceThor]

30 % !! if you are just taking the pure strike rate , thats worse than tossing a coin , why would you go with it ?

30% is fine if your R:R ratio is 1/4 or higher.