Most traders obsess over their win rate. Minervini doesn't. He explains why you can strike out seven out of ten times and still win -- as long as the math on risk-reward works in your favor over hundreds of trades. The holy grail isn't a setup. It's asymmetry.

When I was starting out, I thought high win rate was psychologically easier. This is true to an extent. But eventually I found it easier to cut losers quickly and ruthlessly. This dropped my win rate, but increased my avg win to avg loss to almost 2x

great clip

Link to the video? Thanks ahead of time!

I read one story where he received a call that he won 1 million but in order to receive the 1 M $ he must send 1K $. So he send 1K $. Oftentimes he receives a similar call 3-5x a month so he keeps sending money. That's asymmetry he said what if it happened once. 😂

@markminervini If in doubt, try sticking to cutting losses at 5-6% for a while and see what happens. If structural stop doesn’t allow - cut position size. This alone gives a sharp edge.

交易的核心公式就是平均盈利除以平均亏损，再乘以胜率，这就是交易的圣杯。

The idiot that lied about $upst?

Incredible interview, good stuff.