Short Term Trading Week Starting: Tues 12 Jun, page-114

for anyone who doesn't understand that a tipping comp based on win rate means nothing about profitable trading:


The best traders don’t have the highest winrates. The best traders keep losses small and let winners run. Whereas the amateurs lose money even with a high winrate because they let their losses get out of hand.

Looking at winrate by itself does not provide any meaningful information. Let’s say you have a winrate of 90% but if you let just one losing trade get out of hand, while you always cut the winners short, you will end up losing money.


https://edgewonk.com/how-important-is-winrate-really-how-to-become-a-better-and-profitable-trader/