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Old 11-08-2007, 08:04 PM
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Re: The 50/50 reality?
Hey sunnyside (got your PM). Regarding the 50/50...I think that in day trading it applies more so than how I trade. The way I trade I look for around an 80% probability rate, but the risk/reward sucks so bad I have to do that. I'm usually risking 7 to make 3 sort of thing. The odds absolutely play in my favor, and I have rules in place so that I would NEVER take that full drawdown...

In day trading, then yea, I'd say a 60/40 is a very nice ratio to have. at 50/50 it's all about the RRR. I mean, having 50% of your trades work out while youre winning twice as much as your losing ones...you're in business I'd say.

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