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Re: Gen: Amount of time required for success.



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It is of utmost importance to have a method you can trust 100%. Be it
discretionary or systematic. It is however much easier to start with a
systematic one.

Most systematic methods produce not much more than 50% profitables. The
higher the ratio the lower the other factors usually, like average winner
over average loser etc...

Actually it depends mostly on style. Trend followers will range from 35 to
40% profitable but will run up a few very big hits, whereas others will be
more consistent winners, but will not make any big hits. Drawdowns are
comparable over the long term.

Gwenn


Tom Nagle a écrit:

> Hello Rters,
> I am just trailing through the last few weeks of postings on the RT
> forum and I found this one by Richard Josslin in which he wrote:
>
>
> This brings me to what I want to ask you...do you think that there is
> any point is continuing to search for the mechanical trading plan which
> makes a good return and also wins 60+ % of the time.
>
> I feel the need for a structured approach i.e. using swing levels like
> from Gann or Elliott (though less preferred) to filter the indicators.
>
> Maybe the answer is that it's each to their own....we must all find what
> suits our own persona/environment/style.
> Please, if you have a moment, I'd appreciate your thoughts.
>
> Many thanks,  Tom Nagle.
>
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