[lucky12]

It has been said that there are basically two different ways to increase your net results from your trading.

The first is to improve the number of winning trades verses the number of losing trades.
Example, you are currently making 6 winning trades for every 4 losing trades.
You can try to increase the number of winners to 7 for every 3 losing trades.

The other option you have to improve is by increasing the size of the winning trade verses the size of the losing trade.
Example, you are currently making 10 pips on a trade that has a 7 pip stop loss.
You can try to increase the number of pip profit to 17 or 20 pips per trade and try to reduce the stop loss to 5 pips.

By examining both of these approaches and improving them even just a small percentage, you will see a tremendous improvement in your overall trading performance.

Analysis and testing is the key to this exercise.

In the beginning of my trading career, I read many articles that explain how a trading system that produces a winning ration of 50/50 can still produce a profit.
At first this doesn’t seem to make any sense and why would someone want to trade such a system?

Well, to explain the examples above… The trading system could produce a profit if the winners were twice the size of the losers.

So by combining these two analytical approaches, you can improve your trading system and you will make money consistently over time and see superior results.

Another method I use to increase my winning ratio is to stay out of the market when it is behaving in a manner I do not understand. I also try to avoid trading anything I do not understand or when I do not see my trading method. This is where discipline comes in. How many days have you come to work to trade and you find yourself trading only when price is moving and not your real trading method?

Waiting for your trade to come to you is one of the keys to conserving capital and growing your account.

Searching for the holy Grail is a common situation that many of us find ourselves chasing after. I feel that the holy Grail lies in ourselves. Our experience, discipline and ability to find the truth is where the holy Grail lies.


Thanks for reading
L.C.
www.udaytrading.com

[FerruFx]

Originally Posted by lucky12

Example, you are currently making 10 pips on a trade that has a 7 pip stop loss.
You can try to increase the number of pip profit to 17 or 20 pips per trade and try to reduce the stop loss to 5 pips.

Increase the TP and reduce the SL will automatically increase the number of losing trades.

We have to find the right numbers to match with our goal.

I agree with you, discipline is the key.

FerruFx

[fxtrendline]

agree with u all, trailling stop can reduce your losing trade, remember holy grail is you