There is a popular concept of using RRR 1:2 or 1:3, so even if your winning rate is 30 to 40% you will still profitable...
~Works only in Theory but not in Reality.
I can tell that in actuality most highly successful traders hate losing money, and Successful traders have high% of Striking rate
*Only enter a trade, when you have 70%-90% Confidence of Winning.
Assume that a trader's account is 100,000 dollar, gaining 10% return per month => 10k
Now if he manage a 10 million dollar fund, just 1% return per month will make => 100k
Instead, every aspiring trader should work on becoming a fund manager.
