The ultimate goal of every trader is to increase his/her profits. One can argue that there are many ways to do that, but eventually it comes down to two main methods: increasing your hit rate or maximising your winners. INCREASING THE HIT RATEIncreasing your hit rate means that you will have more winners than losers on average. The bad news is that it’s basically impossible to be right more than 60% of the time in the long run.Generally, when you see people showing very high hit rates, they have many small winners and a few big losers. So, in the end, they are either unprofitable or they make small gains. You can increase your hit rate by selecting only high probability trades where you have
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