In trading I have been confused by the argument about whether we should be taking more trades or less trades.

Taking more trades: I understand the science of the law of large numbers and the example of the toin coss where what should be 50/50 can produce some weighted streaks in either direction if you are tossing less times but over 1000s of throws the results of head to tales will start to balance out and approach 50/50

If this is the case does this mean that as traders if we are to trade less rather than more because if we are supposed to take just a handful of trades per day i.e 2-4 does this mean we are clearly at risk to huge variance in terms of our trading results.

Can I tell you what I have been experiencing.

I have noticed if I trade many times per day (still picking high probability trades 5% system which is 1R is equivalent to a 55-60% system which is around 2R.

I know generally experts frown upon high win rate systems because many high win rate systems have very poor risk reward like risking $400 to make $100. I assure you mine is risking $100 to win $100.

I just want to know whether people suggest trading through it whenevver the next high probability set up comes or have a 3 loss strikeout rule.

Comments are welcome. I know most trading gurus says trade less but many people in options talk about lots of trades because of the probability factor.

If I trade less per day am I putting my self at risk to alot of randomness and variance or is it the case that whether I do 3 trades per day or 12 trades per that the variance is weighted accordinf to the volume of trades.

Thanks

Kevnot medicore trade) that sometimes I can get some really terrible streaks of losses. This is with a system that is 70% win rate (1R). I know with a 70-75% system you can still expect streaks of 4 losses but man it was shocking when it happened.

I tried to trade through it believing that it would eventually turn but despite some wins that came through it hit more losses and I in the end lost confidence in being able to trade through losing streaks as I was told to.

You may ask why didnt I stop. Well I was told there is no point stopping because you do not know how results are distributed and if tyou stop that could be the moment the wins come. I was also told it doesnt make sense stepping away then coming back the next day because the sequences of wins and losses has nothing to do with days.

I am eager to know how people trade here because to get 6 losses out of 9 last week for a system that is 70% I wouldnt want to think how I would cope with the systems out there which are more like a 50-55% win rate (obviously being 2R). With a 50-55% win rate would I have to expect streaks of like 6-8 losses in a row.

Does trading less minimize variance or randomness or does it escalate it.

Thanks

Kev