Average HitRate With Poll

[beginner123]

Hi All

I am a long time lurker, first time poster on traderji.
What is the individual average hitrate that traders here achieve

I need this to form a realistic view of what to expect as I have started trading recently.

 

[market oracle]

Hi,

It depends on ur risk/reward ratio, frequency of trades, lot management etc.

There is no thumb rule it break even hit rate that can be written in stone.. However, if you're an intra day trader, then naturally your risk reward is reduced if measured on a longer time period. Maybe you'll need at least 40% to stay even and to sustain. Intra day trading includes lots of whipsaws, stop loss triggering, unnecessary transaction costs and over trading tendencies attached to the approach. On Tue contrary, swing trading strategies are more logical. Higher risk/reward ratios, and gives u an edge to manoeuvre ur trades. So here the hit rate can be lesser. Of course this is my personal opinion.

 

[beginner123]

Hi,

It depends on ur risk/reward ratio, frequency of trades, lot management etc.

There is no thumb rule it break even hit rate that can be written in stone.. However, if you're an intra day trader, then naturally your risk reward is reduced if measured on a longer time period. Maybe you'll need at least 40% to stay even and to sustain. Intra day trading includes lots of whipsaws, stop loss triggering, unnecessary transaction costs and over trading tendencies attached to the approach. On Tue contrary, swing trading strategies are more logical. Higher risk/reward ratios, and gives u an edge to manoeuvre ur trades. So here the hit rate can be lesser. Of course this is my personal opinion.

Thanks for your thoughts.
I am a trader with positions ranging from 1-4 days.

I just want an idea of what to expect from experiences of other traders who have been doing it for a long time.

 

[beginner123]

Hi all experienced traders

Please vote/reply....

 

[market oracle]

40-50% hit rate is decent.

 

[TraderRavi]

there is no option of hit rate less than 50% , why ?? many traders hit rate is 25-30% still end with profit.

 

[market oracle]

Mine was about 42% for intra day trades when I calculated it last year (3 months)