Hey Dave great video as usual.

I am still trying to put together my trading system. I realize that I will be wrong on many trades. I just hit my stop losses on the last 3 trades for the week; however, by remaining disciplined and not holding the losses I am still up for the month. Do you have a ball park figure for percentage of profitable trades vs. unprofitable trades a "good" trader can generally make?

I generally look for trades where the payout for being right is higher than the loss if I am wrong. Under this system even if I am right only 40% or so of the time I can still be a profitable trader.