Do most successful traders have greater than 50% of their trades winners or less than 50% of their trades winners? Part 1

If you are relatively new to trading, you probably answered greater than 50% of the trades are winners. The purpose of trading is to make money. If you are good at the business of trading, most of your trades should be winners. Right?


If you are a successful trader or at least have a realistic knowledge of the business of trading, you know that the answer is more than 50% of the trades of most successful traders are losers. I know all of the hype we hear and read about every day by unscrupulous promoters of trading products and services want you to believe that they can teach you to have 80%-90% winning trades if you just use their products or services. To put it bluntly, this is simply a lie. Why?


To be continued...