I agree on 90% of this posting. When trading the volatile market that we do, consistency trumps all. Even at a 2% chance of losing 50% of your account, over the course of 5, 4, even 3 years of trading or less, you WILL hit the 2%. At 50% DD, you require a 100% increase in total account equity just to regain your loss. Think about that. 100%. At 20% a month, 10% a month, that's 5-6+ months of trading completely lost, and there is no rule in the book saying that you won't hit the 2% again in those 6+ months, turning those 6 months in 1-2 years, making it even more likely to hit that 2% again.
When you can trade solely based on low risk, low reward, you will be successful. I have been trading for more than 2 years profitably at -0 -> 10% per month (10% being very rare). Just keep that in mind.
See you at 1B in 30 years.