Which strategy can be termed a “min loss/zero loss strategy”?
TRADINGFEATURED
"Even the most skilled and experienced traders can not consistently predict the market with pinpoint accuracy"
There is no such strategy.
If someone claims any such strategy, you need to run.
In this business, if you are good, you are right six times out of ten. You are never going to be right nine times out of ten.
Even the most skilled and experienced traders can not consistently predict the market with pinpoint accuracy. Instead, success in trading is not about being right every time but having a strategy and risk management approach that allows you to be profitable over the long term.
Six times out of ten remarks acknowledge that a successful trader will make correct decisions slightly more often than they are wrong. This implies that a 60% success rate can be considered excellent in trading. It underscores the importance of managing risk and being prepared for losses, which are an inevitable part of the process.
I discourage the notion of striving for near perfection in trading. Accepting a certain level of uncertainty and adapting to market shifts is a more realistic and sustainable approach.
Credit: Quora