Why Having a 90% Win Rate Trading Strategy is Useless

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Added 2 years ago by admin

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Do you know that you can have the best trading strategy in the world with 90 % win rate and still lose money? Many retail traders focus too much on finding a high win rate trading system when in reality it's not even that important to get a high win rate. This is typical retail trader mindset that a lot of trading gurus without finance backgrounds are preaching. People like to sell you a high win rate trading strategy knowing that even having a high win rate is not guaranteed that you'll be profitable. This applies to you whether you're trading forex, stocks, gold, options or crypto. Stop going out there and finding the high win rate indicator that will make you lose money because you're focusing on the wrong things !