Quote:
Originally posted by Smurf
Dear KPcurrency
That's a very valid argument. However, I suspect that if you cannot absorb the maximum losses of a system then certainly you cannot withstand your system performing even worse than it should be. My bickering with autofx has nothing to do with this, because I would really like to know the answer to this question. Could this be one of the reasons that amateurs fare worse than pros? Pros can absorb the losses and hence reap the full rewards of a system whereas amateurs need to put in stop losses and consequently get a much poorer overall performance?
Cheers,
Smurf
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I think u r right in a way. When u think about it, if u have a huge amount of money, then, given that no currency pair goes in one direction forever, with a good system that is right even less than 1/2 the time, u will make a lot of money. However, the fact is that most of us have to limit our losses in order to remain at the table the next day.