Get 100% Accuracy If You Want

This article elaborates on the one dated August 7, 2006 entitled “The Ideal Trading System”.

A feature of any trading system is “accuracy” of the system.

This is the one all beginners focus on. Advertisers know that and emphasize it in advertising systems for sale.

Have you heard of the “Turtles”? They are a legendary group of traders trained by two Market Wizards. During the period studied, the author of the book Market Wizards noticed that the Turtles were consistently among the top traders mentioned in a survey of traders working for investment/trading companies.

Decades later, it was revealed that the Turtles’ used a system that had an accuracy as low as 30%. Seventy percent of their trades were losers!

Their profits came from letting their winning trades grow to a huge size while FREQUENTLY escaping from losing trades! That’s the reason for their “low accuracy”.

Accuracy is another dimension of trading systems that you can customize. Choose one that you enjoy using.

We'll chat again soon ...

Copyright 2006 Raymond T. Lee. All rights reserved.
Leisurely e-Mini Futures Trading
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