What is considered a good strike rate ?

[kev]

Hi,
For all those successful traders out there...what would you say was a good strike rate per horse race you trade, or what do you average, i.e 10% return on stake per race? and how many trades would you estimate you make per race, both scalping, and swing trading......

thanks.

[Bet Angel]

Maybe you should start a poll then people can vote on what they think is a good strike rate? You may want to qualify it, your style as strike rates will be high for scalpers and lower for swingers and in between if you do both.

[silvermark]

I'm a discretionary trader and I like to trade whatever I see. So strike rate entirely depends on the race at hand. Every race is different and you can't "create" opportunities.

[Squirtle]

FWIW I run at about 70-80%

[mugsgame]

I might be on my own here but.......

I don't think strike rate matters. It's about protecting your bank and gaining profit. Any profit is good profit.

If you make 10 trades and lose a tenner 9 times but win 300 on the tenth. That's better than winning a tenner 9 times and losing 300 on the tenth.

Does that make sense?

Steve