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Strategies & Market Trends : DAYTRADING Fundamentals

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To: Pete Mimmack who wrote (3222)8/23/1999 6:46:00 PM
From: TraderAlan   of 18137
 
Pete,

<Trader Vic. Vic points out that batting .300 - .400 is an excellent average in the majors>

Every strategy has an %WIN that represents a fair showing for that type of execution. Scalpers need to be way above 50%, or why bother. Position traders can be 25% and still make a great living.

Make sure you're comfortable with your %WIN for your style of trading.

Alan
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