Inside the Mind of Professional Traders: How They Think and Trade Successfully
Trevor Neil, a well-known figure in the trading world, once ran a hedge fund with a surprising statistic—his trading strategy had only a 25% hit rate. That means out of every 100 trades, only 25 were profitable. Yet, the fund was highly successful.
Why does this matter? Because most traders assume that to be profitable, a strategy must have a win rate above 50%. Trevor’s story...