Gabrielle W

Follow me on Instagram @thechartwhisperers

October 2, 2020

 

Is a high strike rate necessary to be a profitable trader?

 

 

Th answer:

It depends on the R:R of the trades you take.   

 

You can have a terrible strike rate but if you have excellent risk management and take only high R:R set ups, you will still be profitable. 

 

Conversely, if you have a very high strike rate but take poor R:R sets up and risk too much capital per trade, you will always lose money.  It's okay to have a lot of losses. Keep the losses very small, let your winners run and see the difference. 

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