Post
Topic
Board Trading Discussion
Re: A trading chart does not play out to 100%
by
South Park
on 04/07/2020, 14:58:20 UTC
Therefore we cannot rely on trading charts when trading, because the results of technical analysis and fundamental analysis are not
guarantee 100% accurate. Possible 50% -80% accuracy of the results of trading charts, and of course this fact is very risky for those
who rely on trading chart. Sometimes we need experience, instinct, knowledge and luck to succeed in trading.
No, many think that the accuracy of your trades is everything and that could not be further from the truth, remember why people trade they do it to obtain money, if you have a strategy that you have backtested that can generate profits even if it is only accurate 80% of the time then it is really not important that you are missing 20% of your trades, the important thing is that you are earning money, in fact I have seen systems with an accuracy below 50% and you can still be profitable with them if you have good money management skills.