Strike Rates

[AndrewKent]

Hi there, I have a very simple question to ask the community. What would you consider to be a good Strike Rate for a system? Regardless of the system, I am trying to determine what I should consider as worth pursuing. I read somewhere that a Strike Rate of 58% was considered to be good? Kind regards, Andy

[davidc]

Re: Strike Rates

Hi there, I have a very simple question to ask the community. What would you consider to be a good Strike Rate for a system? Regardless of the system, I am trying to determine what I should consider as worth pursuing. I read somewhere that a Strike Rate of 58% was considered to be good? Kind regards, Andy

Strike Rate is pretty much irrelevant unless you know the odds. A SR of 90% @ odds of 1.05 will result in a loss. A SR of 20% @ odds 7.0 will result in profit.