i first of all, am never a fan of paper trading. You can never add the emotional element, which sooner or later you ll need to nourish, if you are going down the way.
Anyway, win rate is never a sole factor for an edge. You can have the healthiest win %, but how big are your win sum?
I ld suggest you to have a spot on with your journal which includes
- number of trades
- win %/ loss %
- win sum( sum of winners)
- loss sum ( sum of losers)
- trade expectancy, which should be positive, preferably >=0.5, to have a winning system.
you can google all these up pretty easily. The main idea is you should possess a trading plan, with a positive expectancy.
Then, you get a long treacherous climb ahead, where you can fall and never survive. The mantra is to stay in the game long enough, even knowing the unpredictable storms and winds, that ll shred your ass many times.
I get a bit dramatic. Yes man, go live. Paper trading is shit. You won’t learn much. Go live but don’t expect any money in the beginning years. I wish to say months, but the money you earned during the initial months, is not yours to keep, even if wishing.
Man, i wished things were so rosy. But yeah go live, what you waiting for. Someday you have to, if it’s your passion. You can google all shits up, risk management etc, you are smart enough to know that.
But don’t go for fake gurus, furus and all that kind.