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Trading Masterclass: Risk Management | Market Wizard Tom Basso

The TraderLion Podcast

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How to Calculate Percent Reliability

To be successful as a trader you got to look at a thousand trades or 10,000 trades. It's just got to be positive because typically if you've got a very small edge your profit factor is say 1.01 or 1.08. If on the other hand you have a profit factor that's larger you're probably going to be into a more of a long-term trend following approach.

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