WHY YOUR WIN RATE IS IRRELEVANT!
Afternoon guys! quick video on WIN RATE and why having a higher or lower win rate is IRRELEVANT! Alot of traders out there like to advertise themselves having a 'High win' rate when really it IS irrelevant to how profitable you are as a trader!
in this example we are reviewing ETHUSD.
in the one example we have a win rate of almost 50% but only a net profit of 40%... And then we chnage our TP mode where we then have a WIN RATE of 31% but a net profit of 59%!
in this example we are reviewing ETHUSD.
in the one example we have a win rate of almost 50% but only a net profit of 40%... And then we chnage our TP mode where we then have a WIN RATE of 31% but a net profit of 59%!
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.