How many losers make a winner ?

[JOIZZY]

Hi, On the Betangel blog this week , i read the author had won 47 races out of 49 over the previous weekend.
However , i`m interested in the sub plot of each race.
Given any individual race , do you , the successful traders , place several ( many ? ) losing trades and get out of them for a small loss each time before hitting the jackpot trade which gives you the profit ?
I would respectfully suggest it`s near impossible to get the correct direction of a market 47/49 times on a regular basis with only 1 trading decision per race.
At what point is the trade a `losing one` ie how many ticks is reasonable to lose?
Thanks

[Euler]

It's a very personal choice on how you wish to trade. Everybody has different tolerances to risk and not every market needs a judgement on direction. If you spend each market looking for the 'perfect' trade you will probably never find it. If you go into each market looking for the prospect of something that may pay off but are quick to cut it if it doesn't work then over time and many races you will do just fine.

[JOIZZY]

Thanks for your comments.

[Alpha322]

Thanks for your comments.

2% loss for me for every trade set at the ticks my skill level is at but like Euler said when they dont work get out, i cut as soon as i go one tick out and re evaluate the market and 8 out of 10 get the flow correct, if you remain with a leaking pipe it will burst over time if you seal it you then can control its flow again

[mugsgame]

I think after a while trading becomes more instinctive than mechanical. Your brain can understand way more signals than you imagine. Subtle changes in the market stand out and patterns emerge. Well that's what happens in my trading anyway