Many traders look at their win to loss rate when evaluating their trading. This is an important concept, if you are right way more than you are wrong, you probably are not going to enjoy much success. But, many are missing one part of the puzzle, expected value. Not only IF you are right or wrong, but what happens when you are? If you are right 99% of the time yet blow out your account on the one time out of 100 that you are wrong, you are still sunk.
Click the video below to see me break down this important topic
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