What if the Win Rate of My Trading System Isn’t High Enough? // Ep. 97

In This Episode

• Is your goal to make money, or is your goal to be right?
• Tips for increasing your win rate
• When you might NOT want to increase your win rate

Do You Need to Have a Higher Win Rate?

A trader wrote in and asked how to increase the win rate of a trading strategy that's profitable in backtesting.

So we discuss the pros and cons of trying to increase the win rate of a trading system.

The bottom line is that you're looking for an edge in the markets. Regardless of if the system has a high win rate or a low win rate, it shouldn't matter.

As long as it's net profitable over a long period of time, all you have to do is keep trading it consistently. 

But some traders cannot handle a low win rate strategy, so we give you options on what you can do if you're the type of person who needs to be right most of the time.

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Thanks for listening and we hope that your trading is going well!