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smartdog9
Oct 16 2015 at 17:48
2 posts
86% win ratio. Would have been 100% but I didn't want to leave trade open when I went to bed.
1.5% drawdown.

I suppose real trading will be different!!!

Stephen Nelson (sbnelson2005)
Oct 16 2015 at 22:04
41 posts
Nobody wins 100% over the long haul. Top money managers are happy with a 60-70% win rate. They know that limiting risk and letting profits run will allow for an excellent return.

I started a thread for new traders in the hopes of helping those new to forex:

https://www.myfxbook.com/community/new-traders/new-traders-beware-easy-road/1039956,1

Come on over and ask any questions you may have!

Cheers
Steve

GeorgeB (GB85)
Oct 18 2015 at 06:10
7 posts
Don't run after 100% profit. It's not possible.
For now you where just lucky.

Plan your trades carefully do not base them on your emotions...
Trade your plan!

kieran (snapdragon1970)
Oct 19 2015 at 13:54
1944 posts
Dont get to hung up on win ratio,as long as your winning trades are bigger than your lossing trades,you can have a 40% win ratio and still be in profit.True professional traders do aim for 70% no less,2% loss on a retail trade,5% on a portfolio ,mess up on risk management and your security card gets deleted during lunch break.

Be lucky!

"They mistook leverage with genius".
smartdog9
Oct 20 2015 at 06:05
2 posts
at 11 wins 1 loss at moment. I wont let my emotions get in the way but good advice George you too keiran,

kieran (snapdragon1970)
Oct 27 2015 at 07:20
1944 posts
smartdog9 posted:
at 11 wins 1 loss at moment. I wont let my emotions get in the way but good advice George you too keiran,


the key is to remain neutral with wins and losses.

"They mistook leverage with genius".
Ari Goldman (arigoldman)
Oct 29 2015 at 12:26
907 posts
snapdragon1970 posted:
smartdog9 posted:
at 11 wins 1 loss at moment. I wont let my emotions get in the way but good advice George you too keiran,


the key is to remain neutral with wins and losses.


Agreed!

JenalAripin
Oct 30 2015 at 12:21
10 posts
snapdragon1970 posted:
smartdog9 posted:
at 11 wins 1 loss at moment. I wont let my emotions get in the way but good advice George you too keiran,


the key is to remain neutral with wins and losses.


I agree with this. If you just counting on your win/lose ratio, you might get yourself full with pride, which is not really good for a trader. Remain neutral and never stop learning. Your loss experience is your best teacher. As long as you willing to learn how to be profitable, you're a good trader.

rob559
Oct 30 2015 at 14:36
1916 posts
JenalAripin posted:
snapdragon1970 posted:
smartdog9 posted:
at 11 wins 1 loss at moment. I wont let my emotions get in the way but good advice George you too keiran,


the key is to remain neutral with wins and losses.


I agree with this. If you just counting on your win/lose ratio, you might get yourself full with pride, which is not really good for a trader. Remain neutral and never stop learning. Your loss experience is your best teacher. As long as you willing to learn how to be profitable, you're a good trader.


really wise coment

Michael Bai (michaelbai)
Oct 31 2015 at 07:30
33 posts
JenalAripin posted:
snapdragon1970 posted:
smartdog9 posted:
at 11 wins 1 loss at moment. I wont let my emotions get in the way but good advice George you too keiran,


the key is to remain neutral with wins and losses.


I agree with this. If you just counting on your win/lose ratio, you might get yourself full with pride, which is not really good for a trader. Remain neutral and never stop learning. Your loss experience is your best teacher. As long as you willing to learn how to be profitable, you're a good trader.


wisdom

Take Challenges Head On
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