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Old 19-07-2005, 08:59   #7 (permalink)
yasirdxb
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Re: Random entry with good money mgmt

Quote:
Originally Posted by xtsunami
bobnat,

It is funny especially if you put things in the context of this forum where a majority seem to think the robustness of a strategy is based on the won-loss percentage rather than the management of risk-reward.

My goal is to be profitable even if the win-loss precentage slips to 30% or below, much less stressful than trying to be perfect.

XT
I would like to ask our members, when they claims that they made 90% or

100% last month,how much they were risking to gain that profit.most of them

have no idea about it. everything goes fine until a few trades goes wrong and

they are out of the game.you should consider the risk you take in a trade,

when you calculate the gain.

trader A risking 2% in each trade and made a 20% monthly gain.
trader B risking 10% in each trade and made a 50% monthly gain.

who is better than the other? if you ask this question to our members, most

of them will say its trader B,becoz he made 50%.

Yasir.
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