Risk/Reward vs. Win Ratio

Part of approaching markets probabilistically is ensuring that your trades, on average, make money. Traders use several metrics like risk/reward ratio, Sharpe ratio, profit factor, and win rate to estimate…

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19 Backtesting Mistakes Beginners Make

Backtesting is extremely valuable because it allows you to see if a trading strategy has an edge, before you risk real money. But there are many ways that you can…

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