Are there really traders with 100% Success Rate??? - Page 3
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Thread: Are there really traders with 100% Success Rate???

  1. #21
    Quote Originally Posted by ;

    As I said before, no one needs a 100% system, only if it's only for the purpose and feeling of being right... that a 40% precision system, if aplied with correct MM and since the winners are bigger than your losers can earn a profitable run...

    Cheers!

    PS: I just love my signature....
    I prefer it this way, it has a tendency to keep the working surrounds silent enough to trade and get edued (trading) minds to put there imput. Meanwhile the next thread that has promised that 99.99% win (excluding the Amazing Strategy because thats only ALL THAT) tends to draw attention, albeit only momentarily, before withering and evaporating into obserity simply to be substituted with a new shining beacon of hope for the masses.

    Razor

    PS: I had a Fantastic laugh in your sig

  2. #22
    Hmm I only joined this forum but... I believe 100% success rate is impossible just think if somebody truly had such wisdom and skill... Bill Gates would undoubtedly not be at the top of the Wealthiest 100. . This trader would be!

  3. #23
    What is a 100% success rate ?

    100% hit rate ?
    100 percent no-loss trades ?
    Or both ?

  4. #24
    Yea it depends. If per trade foundation I doubt anybody can prevent losses.

    However, if you're speaking about monthly or yearly outcomes. Then I'm certain that you have a few who haven't had a single losing month or year.

  5. #25
    Quote Originally Posted by ;
    What's a 100% success rate ?

    100% hit rate ?
    100 percent no-loss trades ?
    Or ?
    Who cares it's a fantacy. Da plane da plane.

  6. #26
    Quote Originally Posted by ;
    yea it depends. If per trade foundation I doubt anybody can prevent losses.

    But if you are talking about monthly or annual outcomes. Then I am sure you have a few who haven't had a single losing month or year.
    Yeah I agree, I know one who had no down month for 3 years, I saw another interviewed on TV, he'd no down months for 7 years.

  7. #27
    Those that stress and hunt for the 100% achievement are not traders. They are not people who come to perform day in and day out with a sizable capital seeking to beat the market average by even .1%. No they are the traders who wish to gamble and need the security of a 100% transaction plan so they can overleverage and risk substantial percent of there account to increase there 1k beginning point into billions.

    There is a reason why the biggest players out there dont need 100% success rate and its because they are not looking to earn 100% each year.

    In case you had a beginning capital of state 1 million, I'd bet my life that you would show it some respect and you would be happy with a measly 10 percent or 20 percent each year. From that amount you could pay your taxes, take out a nice amount for living over the next year and roll the remainder onto your own capital. You wouldnt take care of 100% achievement since you dont need it. You're now moving out of the mindset of a gambler who's trying to boost there account at a risky fashion because 20 percent on 1K just doesnt warrant trading for 1600 hours each year (8 hours a day for 40 weeks). So from your perspective point you need to double that account every month for the next X weeks.

    It is what the actual players target for, months of being before the game, not the focus of 'never minding a commerce'. It's possible to loose lots of trades and come out in from by a little margin every month. In the long run if you make just 1 percent per month then you are on your way to demoning a prosperous edge over time and THAT is what is going to give you success over recent years. Consider that, and the new found belief that over time, accomplishing small gains will give you a new plogical edge to your trading. From there on, having experienced ongoing success even on a small scale, now you can begin adding funds and rolling over new funds and using compounding to build that account over years. Thats the difference between using a proven border and only expecting your 100% success will last forever.

    Razor

    Merry Christmas to all those who celebrate it, take care.

  8. #28
    Quote Originally Posted by ;
    I know a trader in south africa who has a 100% winning but couple of trades of his which gets trapped run in drawdown till prices reverse back which occur always.

    He has a 70-80% winning rate in first attempt.

    The remaining trades run in drawdown till prices return and many of trades he again closes them profit rather then shutting at rest even.

    No stop losses. . .each of his trade is opened using a miniature lot (commensurate with account fairness) and if if a transaction becomes stuck, allow it to run into drawdown till prices reverse again.

    Extreme Example:...
    Kingfisher I think this is horriable lol

  9. #29
    My trading system is 100% successful

    Price goes up strikes my targets.

    Price goes down strikes my stops.

    You've got to be very careful if you don't understand where you're going because you might not get there. Yogi Berra

  10. #30
    IMO 100% achievement rate is theoretically possible but practically impossible lol. There are too many factors on the market which can help determine the direction of price. It's possible if the current market can replie every single factor of this market of the prior moment, like the amount participating traders, the sum they buy/sell, how long they maintain etc and the trader had to know these factors to make the most of it.

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