10d ago in Trading discussion
Low win rate, PL ratio 2.19
My current win rate across 20 trades is 25% and my profit/loss ratio is 2.19. Clearly, I'd love to improve my win rate! :)
Has anyone been in a position where they had a low win rate and a reasonable profit ratio? How did you go about increasing your win rate, so that you're profitable, and what factors did you consider when doing so?
Including an example trade I took just now: CL Long 5min Superman. Entry: 9:09pm, 68.00. Exit: 9:11pm, 67.91...stopped out. Setup formed during the NYA session after price broke through daily lows and hit 1hr demand.
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Low win rate, PL ratio 2.19
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