Trading numbers

[gtopmafia]

Hi Guys,

I was wondering what in your opinion the average hit % of making a successful trade. I know that strategy is more important managing your losers and winners but I was curious what kinda level you should / can expect. I am too new to trading to have a statistically significant number, but I was wondering if you wouldn't mind sharing what sort of trading success you guys have and maybe elude to your strategy (points win / loss) / risk management.

Best
G

 

[tomorton]

I don't do any intra-day stuff, so the only thing I really take account of (monthly) is profit (or loss!), and then convert this into rolling gain per last 12 months. I get a bit concerned if I haven't made much profit plus haven't done many trades in the month - those two together get me looking deeper at what I've been doing. I don't ever calculate win rate.

 

[NVP]

Hi Guys,

I was wondering what in your opinion the average hit % of making a successful trade. I know that strategy is more important managing your losers and winners but I was curious what kinda level you should / can expect. I am too new to trading to have a statistically significant number, but I was wondering if you wouldn't mind sharing what sort of trading success you guys have and maybe elude to your strategy (points win / loss) / risk management.

Best
G

you are doing well to beat 50% over long term ....its all down to cutting those losers to very low losses and running the size of the winners thats important

N

 

[Bradtex]

Every strategys will have different win% - does not make a high winning % systems better than one with a lower winning %. In my experience shorter timeframe systems will look for higher winning % and vice versa.

 

[hatemypips]

Every strategys will have different win% - does not make a high winning % systems better than one with a lower winning %. In my experience shorter timeframe systems will look for higher winning % and vice versa.

Yes it's true and I come to conclusion that best system is what you personally developed, not paid or free one because they are made to make money for their creators either way

 

[Merk Porter]

The answer should be relevant as per your trading capacities and abilities to handle risks. From my view point, a smart trader always tries to put his best to achieve a success but no percentage can actually define success. For this reason, I personally try to evaluate my success as per risk return criteria. The reason behind this: when a trader tries to make success evaluation on his return only it can give him false concept.

 

[NVP]

its a Catch 22 situation........the more you try to increase your average return per winning trade the less your % win rate will become....

getting this ratio right in your head is incredibly important for a trader......for example the turtles experiment was incredibly low win rates but huge tail returns on a few trades .........most of the traders couldnt handle that over time and chased smaller wins for higher % win rates

the human brain cannot handle the drawdowns .......we all gravitate towards higher win rates unles we are incredibly confident in our system and disciplined

N