As many of you would know I've been creating/testing a discretionary system for the past 6 months or so. As well as running a live simulator I am also testing historical data throughout my days (obviously I understand there was a strong bull market from 2003-2008 and conditions then were much better than they are now).
I am trading a hypothetical $20,000 account with each trade risk of 1% ($200). Most of my losses are between -0.5R and -1R after trailing my stop with the average win being around 2R (this isn't over a huge number of trades yet though).
Now I completely understand that this is different for different systems but how often do people tend to get huge wins e.g. 10R+? As you can see in the screenshot below from my excel file, I had a win of 12.2R and this caught my attention because my previous biggest win was only 3.5R which I had a few of (over around 80 trades).
Is it these types of trades that really increase the expecatancy? and even often the difference between a profitable and non-profitable system?
Also what about a big loss. For example in one of my trades price gapped on the open and I lost 3R. How often do people encounter this sort of thing?
What are people's experiences/opinions?