November 19th, 2016 at 4:24:50 PM
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Suppose this:
Reward/ risk: 1:1
Break even win rate: 50%
Reward/ risk: 2:1
Break even win rate: 34%
Reward/ risk: 3:1
Break even win rate: 25%
Which reward/ risk is better: 2:1? 1;1?
Reward/ risk: 1:1
Break even win rate: 50%
Reward/ risk: 2:1
Break even win rate: 34%
Reward/ risk: 3:1
Break even win rate: 25%
Which reward/ risk is better: 2:1? 1;1?
November 19th, 2016 at 7:01:42 PM
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Quote: rvitale01Suppose this:
Reward/ risk: 1:1
Break even win rate: 50%
Reward/ risk: 2:1
Break even win rate: 34%
Reward/ risk: 3:1
Break even win rate: 25%
Which reward/ risk is better: 2:1? 1;1?
Do you mean 34% or 33.3333333333333% (ie: 1/3)? If you mean 34%, then 2:1 is the best (since you have a 2% advantage).
If you meant 1/3 (or 33.333%) at 2:1, then all the reward/risks are essentially the same thing, as there is no purpose in engaging in any of them, other than entertainment. If it's entertainment, then whichever one you prefer.