Hi,
For all those successful traders out there...what would you say was a good strike rate per horse race you trade, or what do you average, i.e 10% return on stake per race? and how many trades would you estimate you make per race, both scalping, and swing trading......
thanks.
What is considered a good strike rate ?
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- Posts: 16
- Joined: Tue Mar 24, 2009 1:47 pm
I'm a discretionary trader and I like to trade whatever I see. So strike rate entirely depends on the race at hand. Every race is different and you can't "create" opportunities.
Last edited by silvermark on Fri May 15, 2009 8:00 pm, edited 1 time in total.
I might be on my own here but.......
I don't think strike rate matters. It's about protecting your bank and gaining profit. Any profit is good profit.
If you make 10 trades and lose a tenner 9 times but win 300 on the tenth. That's better than winning a tenner 9 times and losing 300 on the tenth.
Does that make sense?
Steve
I don't think strike rate matters. It's about protecting your bank and gaining profit. Any profit is good profit.
If you make 10 trades and lose a tenner 9 times but win 300 on the tenth. That's better than winning a tenner 9 times and losing 300 on the tenth.
Does that make sense?
Steve