M
malaguti
Here :80 % of trend breakouts fail ,that is why nobody posts breakouts here anymore.40% is up breakouts + 40 % is down breakouts , 10 % is down breakouts on indices = 90 % cause we only trade longs on up biased indices.
Evidence shows indices shorts are only profitable 25% of the time , failure of shorts is 75%.
well your post here is quite explicit
that almost 80% of ALL breakouts fail
http://www.trade2win.com/boards/technical-analysis/223916-wot-happens-next-9.html#post2911962
so now its not 80% of all breakouts fail, its just 40%. The only reason i say that is Barjon was talking about a breakout long strategy which you responded as saying that 80% fail
so in other words the breakout strategy will be profitable 60% of the time?
thats great for all breakout traders then. 60% of breakouts are successful if long..
this is great news. so if 60% of all long breakouts are successful why are you changing your strategy from a breakout strategy to a non breakout strategy?
i think your village want you back foroom