Disliked{quote} Such crap. The hit rate doesn’t mean anything without knowing the average loss/win. I could even show you systems with 99% hit rate. That is why I liked the first post of this thread because the guy wasn’t showing off, unlike most of forexfactory made with amateurs that have not enough experience and are showing off while showing nothing... Forexfactory is like the prison where everybody is innocent, in forexfactory everybody makes shitload scalping on 1/5 minutes TF with 80% hit rate .Ignored
It means a lot to me as it allows me to trade towards a profit target of 1% every trading session without any stress. Average loss/win rates still mean little unless you understand how to establish the correct draw down levels in relationship to total equity.
I have created my own hand build testing system that enables me to establish all my stats I need to be profitable.
Why would you enter any position unless you were trading a strategy with shows proven back tested results with a winning edge of no less than 80%+
My point is the odds should be stacked in your favour before you push the button.
Why don't you visit our jail where we trade the London session every night - unless you would rather post in a forum full of amateurs as you stated.
I always try and help new traders, not be negative nancy.
Cheers Rick
Trading thin liquidity at the boundary of the charts
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