DislikedHi all, pvrsa is a viable method to trade. As long as u can achieve a positive expected value, u can make a profit. if u have a method that gives a 50% success rate, u can still make money with proper money management. Eg 1:2 risk reward. Risk $X and cut loss once stop loss is reached, take profit when u r $2X in the money. E(R) = (0.5 x -$1) + (0.5 x +$2) = +$0.5 there have been many valuable contributors on this thread & we can agree that we have learnt plenty. But instead of pouncing on a contributor when he is losing money, I think there is...Ignored
"We r all f&£ked up traders, that's why we r still posting, while successful ones have stopped." - econbizer
I disagree. Some traders stop because they are set on their "own" method and fail to capture an audience here, and so they move on. Others, if successful when they leave, are those kind of traders that really do not care about others. They come for help, get it, and leave. They do not stay and become a part of the growing cadre of succeeding traders that remain here to help pass on to others that which was passed to them.