Lake Forest, IL USA
Experience: Intermediate
Platform: MultiCharts + CTS T4
Broker: Advantage Futures, IQFeed.net
Trading: YM, ES, EU, US, S
Posts: 153 since Jun 2011
Thanks Given: 109
Thanks Received: 147
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I think one of the reasons people hunt for strategies that have a high percentage of profitable trades is that this confirms to them that their strategy is profitable. The error that a strategy with a high % of profitable trades will be a net loser seems less likely than the error that a strategy with a low % of profitable trades will be a net winner.
In other words - no one knows whether a strategy will be successful in the future. People are more willing to believe that a strategy that has a high % of winners (but perhaps small $$ winners) will be profitable over the long run versus a strategy that shows a relatively longer string of losses (perhaps smaller $$ losses) but ends up catching a few big winners.
Perhaps this is blindingly obvious, but that doesn't mean it's not true, either.
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