Win ratio

[TREVPICK001]

what percentage of wins do you get?

the only reason i ask is because my win ratio is ridiculously high at 98% spread over 6 months at 1 trade per day .

first 2 months were demo testing live for the last 4 months, i really hope it continues

i understand that if you go for a few hundred pips in one trade you don't have to have a high win ratio if you keep your losses small

just wondering what people aim for and how successful they are!!

[SanMiguel]

Originally Posted by TREVPICK001

what percentage of wins do you get?

the only reason i ask is because my win ratio is ridiculously high at 98% spread over 6 months at 1 trade per day .

first 2 months were demo testing live for the last 4 months, i really hope it continues

i understand that if you go for a few hundred pips in one trade you don't have to have a high win ratio if you keep your losses small

just wondering what people aim for and how successful they are!!

How and what do you trade?
I think most people hope for something in the region of 70:30 or 80:20 win:loss.

[TREVPICK001]

Originally Posted by SanMiguel

How and what do you trade?
I think most people hope for something in the region of 70:30 or 80:20 win:loss.

I trade GBP/USD only reason I have the most experience with this pair and I don’t like looking at 2 many pairs rather just concentrate on 1

i just go for a target of 10 pips per day

That’s pretty much it

[o990l6mh]

Originally Posted by TREVPICK001

I trade GBP/USD only reason I have the most experience with this pair and I don’t like looking at 2 many pairs rather just concentrate on 1

i just go for a target of 10 pips per day

That’s pretty much it

What risk to reward do you employ?

Winning 90% of trades is no good if the 10% losers are so big that they eat up the profits from the 90%

Profit factor = (win trades % x reward) / (loss trades% x risk)

E.g.
60% x 50 pips = 0.6 x 50 = 30
40% x 100 pips = 0.4 x 100 = 40

Profit factor = 30/40 = 0.75

This example shows that every 1$ would return only 75 cents.

If the profit factor is 1 or more, then your trading method is profitable.

This kind of money and risk management is paramount. Good luck.

[phil838]

o990l6mh is right. A win percentage alone is a meaningless number.

If your system risks 100 pips to gain 10 you could have a 90% win rate and still be losing money.

We need more info about your system. I can't see how you could have such a high win rate if your system has a good risk/reward ratio.

[TREVPICK001]

well my trading strategy is a little unorthodox but put this way "it's profitable" it's not for everybody but hey!!

even if i blew my account which ive never done using my strat, id still be in profit

[TREVPICK001]

Originally Posted by o990l6mh

What risk to reward do you employ?

Winning 90% of trades is no good if the 10% losers are so big that they eat up the profits from the 90%

Profit factor = (win trades % x reward) / (loss trades% x risk)

E.g.
60% x 50 pips = 0.6 x 50 = 30
40% x 100 pips = 0.4 x 100 = 40

Profit factor = 30/40 = 0.75

This example shows that every 1$ would return only 75 cents.

If the profit factor is 1 or more, then your trading method is profitable.

This kind of money and risk management is paramount. Good luck.

ok this is were most investors would run a mile

i risk £300= i bet £10 per point which is equivalent to 30 pip stop loss

my strategy is based on breakouts

i place a 5 pip trailing stop and i let it run

the average win trade for the last 6 months 14.2 pips per trade TOTAL WIN 111 DAYS


average loss 30 pips total TOTAL LOSS = 2 DAYS

[SanMiguel]

Originally Posted by TREVPICK001

ok this is were most investors would run a mile

i risk £300= i bet £10 per point which is equivalent to 30 pip stop loss

my strategy is based on breakouts

i place a 5 pip trailing stop and i let it run

the average win trade for the last 6 months 14.2 pips per trade TOTAL WIN 111 DAYS


average loss 30 pips total TOTAL LOSS = 2 DAYS

Maybe someone else can answer here but I often wonder if the whole R:R thing is valid for breakout trading. Trading a breakout, the trade will almost always go your way for a bit and if you win more than you lose then it pays for itself. I'm not sure I'd trail by 5 pips though...seems much to tight for me. hmm

[TREVPICK001]

Originally Posted by SanMiguel

Maybe someone else can answer here but I often wonder if the whole R:R thing is valid for breakout trading. Trading a breakout, the trade will almost always go your way for a bit and if you win more than you lose then it pays for itself. I'm not sure I'd trail by 5 pips though...seems much to tight for me. hmm

5 pips is tight "agreed" but due to my personality i like trades to be over with quickly, personal choice that all.

i have another account that that has a longer term strategy running but for short term quick returns i prefer this one especially it don't take much time once i have set pending orders that it all done for the day pretty much.

[phil838]

Originally Posted by TREVPICK001

ok this is were most investors would run a mile

i risk £300= i bet £10 per point which is equivalent to 30 pip stop loss

my strategy is based on breakouts

i place a 5 pip trailing stop and i let it run

the average win trade for the last 6 months 14.2 pips per trade TOTAL WIN 111 DAYS


average loss 30 pips total TOTAL LOSS = 2 DAYS

I don't see any reason to run from that! I think it's a completely valid strategy and appears to be working out well for you. I just hope the 300 you're risking is a small enough amount of your account that you can survive a losing streak when (not if) it comes.

The real question is if you're going to share the system with us?