Apologies, my maths question is assigned to the trash can.
So you meant, 98% accuracy? I think it’s not realistic according to my experience!
Yes, I’m afraid I can’t get my head round the question.
Yeah, I got it wrong, sorry.
Yeah, same here. Apologies. It was related to an app called forextester.com
which is used for an expectancy rate. Sorry about the confusion with S/L.
Example: 100 trades, 60 wins and 40 losses win ratio =60%
Winner average $30x60=1800, loser average $25x40 =1000
Expectancy = [1+(1800/1000)] x 0.6 -1 = 68% (a positive expectancy).
That means your strategy will return 68 cents for every dollar traded over the long term.
Whew…
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