A Dirty Secret The "90% Accuracy" Traders Don't Often Share
Updated: Aug 30, 2021
Because of this reason, 90% of traders fail in the stock market trading
I have read many messages in Whatsapp groups and Telegram channels about 90% accuracy in trading.
I am sure many of you read similar messages if you are still thinking about how do I start trading.
But there is a problem:
If you don't look at "Risk-Reward," you aren't going to make money in trading even with 90% accuracy.
In fact, a trader should consider both "Accuracy" and "Risk-Reward" to get a successful career in trading.
Let me explain in detail.
What is Trading Accuracy?
Trading Accuracy or Winning Rate is nothing but a percentage of winning after a series of trades (typically for a minimum of 100 trades).
Accuracy = (Number of winners/Number of losers) X 100%