Quote Originally Posted by ;
An advantage just means you've got a positive expectancy. It doesn't matter how many transactions are wrong. If I have a system which makes me 500 pips for every 50 pips risked, and I win 25% of those transactions I have an advantage. The percentage is just 1 parameter from the equation, as I said. It is just 1 piece of this puzzle.
Exactly, win rates lower than 50% need some adjustment of tp sl or mm to win out.