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Re: Traders International - Trading S&P500 Eminis

LOL, have finally started reading The New Market Wizards the very next line I read after my last post is from William Eckhardt,

the desire to maximize the number of winning trades(or minimize the number of losing trades) works against the trader. The success rate of trades is the least important performance statistic and may even be inversely related to performance.

But boy does it help flog systems.

[QUOTE="Trembling Hand, post: 270716, member: 9127"] [b]Re: Traders International - Trading S&P500 Eminis[/b] LOL, have finally started reading [URL="http://en.wikipedia.org/wiki/The_New_Market_Wizards"]The New Market Wizards [/URL]the very next line I read after my last post is from [URL="http://en.wikipedia.org/wiki/William_Eckhardt_(trader)"]William Eckhardt[/URL], [INDENT]the desire to maximize the number of winning trades(or minimize the number of losing trades) works against the trader. [U]The success rate of trades is the least important performance statistic and may even be inversely related to performance[/U].[/INDENT] But boy does it help flog systems. [/QUOTE]

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