Just a gentle Query

Hi fellow traders....
I have stupid query for all .... Please answer if you fell like....

Do we have a system for swing or positional trading having a success ratio of 80% or more....what is an good ratio for a good system....

If you are asking about totally mechanical systems with no trader intervention then the best systems will give success rate of less than 65 %....it is the Reward to Risk ratio which makes money on these systems.

Good luck for your search of 80 % system.

Smart_trade

You wishing him good luck, even you didn't find 80% accuracy in your 20 years Journey ........... I am also happy with 65% accuracy .........

Thanks st I was just curious as I am trading price action and my accuracy is close to 50% only in day trading... So I was worried if its only me ...

Can you suggest where can we find a system with 65% accuracy? Considering I am new and learning the hard way... whatever systems I create or read never give more then 35-40% sucess rate. Can you guide me which system gives 65%. I will put an end to my struggle and holy grail. Please share links articles books etc.

50%, that is a very nice system. I would say you are doing great! People like me are struggling with 35% (without brokerage and slipagges). I only paper trade as of now.

Can you recommend me books articles where you learn PA system from?

I am currently reading YTC and learning.

90% of the common mango man at tj uses Lance beggs only. Its easy to understand for folks like u and me....but trading is much more than reading a blog or a book. Its a self discovery.. U need a mentor..some of the big shots offers that at a nominal fees try them I am sure you will benefit. Read nifty nirvna blog too that helps...

I searched for nifty nirvana, can you please provide a link to nifty nirvana? Also can you name big shots and how to reach them? I would be more then happy to do so.

niftynirvana dot blogspot dot in

let us understand trading system development from a succeessful trader pt of view
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1] must be keep it simple,in one's comfort level to implement
2] information u want to know- in stock ,basic reason- why a stock can go up or down.
3] basic reason why a stock shall not move up/down
4] timeframe u choose to trade, time daily u give to learn ,time to study ur learning
curve-developing objectivity
5] learning implementable TA
6] Basic money management principle, when to quit a portfolio,when to quit a trade.,- when to add on winner
7] how to read direction bias of market
8] learning ABCD, throw out EFGH
ABCD= awareness,behavior modification,confidence,discipline
EFGH= ego,fear,hope,greed

mostly say a=attitude,which is mainly HAVE characteristics, but as a successful trader,u have to AWARE first what works in market, then DO behavior modification to suit.
8] DOING IT REGULARLY & FOLLOW THE SAME, UNTIL U QUIT(dont twigg)
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Van tharp book on system design may help