Learning Sharing
The core of profitability is the win rate and the profit-loss ratio.
A low profit-loss ratio and a low win rate will undoubtedly lead to losses.
A poor profit-loss ratio indicates issues with stopping profit and loss.
A low win rate indicates issues with market judgment and timing.
A high profit-loss ratio indicates proficiency in taking small risks for big rewards.
A high win rate indicates precise judgment.
The profit-loss ratio and win rate are mutually exclusive; this is a mathematical issue that human effort cannot overcome.
The core of following major trends is the profit-loss ratio.
The core of trading in oscillating waves is the win rate.