Imagine that System A has seventy pc winning trades, making 30 pips profit on the wins and losing forty pips on the losses.
System B will make a touch more profit in the long term, nonetheless it will often have runs of many losses in a row. This is often really tough to handle psychologically and might end up in the trader losing trust in the system and giving up when he was down. Therefore, most new traders would do better with system A.
On the other hand it may also be hard to deal with systems that have huge single losses.
Does It Fit My Trading Style?
Foreign exchange traders searching for day trading systems have different requirements than longer term traders. If you only have a little window of time when you can trade, you might need a system that works well for a specific currency pair that is active at that time. There may be many factors like this to take under consideration when considering foreign exchange day trading methodologies depending on your current position.
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