Tip TV Education: Best Traders have sub-50% Win rate!

In the second part of today’s education segment, Charlie Burton, Founder of EzeeTrader talks to Day Trader Ali Ahmed about the fine points of trading, the one being the risk: reward ratio and the Win rate.
Ahmed prefers a risk:reward ratio of 1:3 and expects to be right 60% of the times. Burton says it is difficult to sustain the combination in the long run given, and stresses the importance of managing the expectations.
The win rate is an overhyped metric and Burton says “some of the best traders in the world have a sub-50% win rate”.
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