"amateurs go broke
by taking large losses,
professionals go broke
by taking small profits....
The problem in a nutshell is that
human nature does not operate to maximize gain
but rather to maximize the chance of gain.
The desire to maximize the number of winning trades
(or minimize the number of losing trades)
works against the trader.
The success rate of trades is the least important performance statistic
and may even be inversely related to performance."
- william eckhardt
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