Brandon-Fredrickson

Goldman: Readying Short Position Initiation Sequence

You will do much better if you understand both. I'm not really so much worried about my number of winners and losers, overall I'd say that about 1/3 of my trades are profitable, 1/3 are breakeven and 1/3 of them lose money, the trick is to make more when your right. I know plenty of people who can show me they are "right" 90% of the time and they still have terrible P&Ls.