Winning Percentages

  • October 31, 2000
  • TradingMarkets Editors


Trading success does not depend on being right more than half the time, or
for that matter, even half the time, as long as losses are rigidly controlled
and profitable trades are permitted to run their course.

—Jack
Schwager, from Schwager on Futures: Technical Analysis (1996, John
Wiley & Sons, New York).

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