Creating a trading edge – Is it possible?

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some, if not all, of the metrics can be misleading.... both win/loss ratio and average win/average loss are perfect examples.....

our goal might be to have high values for each, but terrible ratios don't necessarily spell doom....

the average loss on every account i have is probably much larger than the average win..... but my win/loss ratio is high..... suspiciously high...... so those few losses are not even noticed on the graph.....

if for some reason i felt the need to drastically lower that average loss, simply opening and closing a few 0.01 eurusd trades for the 1 pip spread loss would do it......

which might fool everyone....... but me......h

of course it is..... even without that plethora of articles and books on various trading techniques......

look no further than ohio farmers...... how many do you see plantin corn in december......h

Yes you can have an edge, even with a system that is not that good, what i have found trading over the years is that Traders are Trading the Hope system, and once you realize that and quit doing that, your trading will improve guaranteed....Trading is not rocket science, if you have a trading system it says buy, buy... if it says sell... sell...Trading is a Business so don't expect 100% returns, no such thing.... when a trade goes against you lets say 5 pips get out, but make your own rules on that, BUT FOLLOW it, if not why bother with a system...But don't follow every news story, they are designed to make you to be unsure in what to do next...follow the chart, price action and that is all... it will make you a better trader...Really...

]only way to get a edge it to learn , i did and have that edge no real system [/quote]

Hi Aussi you are right 100% the way to learn how to trade is watch time.... study one currency get to know it, know a bit about fundamentals nothing serious, but there are so many ways to do it the right way.... but ALSO so Many ways to do it the Wrong way....and By the Way .....Trading in itself is a very Boring Job....

only way to get a edge it to learn , i did and have that edge no real system

80/20: rule 80% of your profits come from 20% of your trades, knocks averages into a cocked hat.

Even if your average loser is larger than your average winner?

That is called a bad traders equation

ps .... its 100 % about having the guts to pull the trigger when your systems says to. Thats all there is to trading. do't make it more complicated than it has to be ... no system gives you winners 100 % of the time ... as long as you win more times than you lose your golden!!!

"as long as you win more times than you lose your golden!!!"
Really...........
Even if your average loser is larger than your average winner?

"some, if not all, of the metrics can be misleading.... both win/loss ratio and average win/average loss are perfect examples....."

Exactly, in isolation they can certainly be misleading.