Well, I'm proud of you. A man's got to know his limitations. (Circa Clint Eastwood in Magnum Force) And obviously, you understand you are not in that elite category. So I applaud you for making the responsible decision. (Spoken with a lot of smart-ass 😁).
You're not wholly wrong. But, you aren't completely right either.
People wound and lose animals every year with rifles, compounds, crossbows and traditional bows.
Is the percentage higher with traditional bows? I have no doubt it is. That said, the number of traditional bowhunters is much lower than compound bowhunters so the numbers for them is much higher even though it's lower per capita.
If you want to improve your ability to hunt successfully with your traditional bow I'd suggest some quality 3D shoots. I know most states have shoots for traditional archers and the in the woods scenarios will help you. As a guy who crossed over from compound to stick bows I can relate.
Maybe I'm in the 5%. Maybe not. But although I will admit my wound/loss percentage is higher than it was with a compound, most have been non lethal hits from a deer ducking the arrow, backstrapped, and they are around later all healed up.
Still very disheartening though.
Woodsmanship skills are important as well. Knowing how and where to set up. Adjustment of stands to trails, water sources, etc. Being able to track wounded/hit game is critical.
It is a decision each has to make for themselves however in a small way our performance sheds either a good or bad light on the community.
My PH in Africa is sold on traditional bowhunters. He finds us better prepared, more committed and willing to pass questionable shots and enjoy the experience just being there and getting stick bow close. He was impressed that Texans were so comfortable shooting out of blinds, or hides as they call them, because we do that here at home. Went five for five the last trip and 2 for 3 the first trip. Impala are very fast and prone to jump the shot. I backstrapped one.
Yet I seem to do well out of trees, tripods, etc over ditch crossings, field edges and funnels so . . .
A friend guides on a ranch and will tell you the compound hunters wound and lose game regularly and that's hunting close up, over feed.
What I've seen, in decades of hunting on archery only places, including an expensive trophy deer lease, is that most compound bowhunters pick up their bow a week before season, hit the target at 20 yards a half dozen times, and call it good to hunt. The guys on that place wounded and lost more deer than I did. And it was a 9 to 1 ratio of compound to stick bow hunters. Most of the quality traditional bowhunters I know shoot their bows year round and often, multiple times per week. That said, I've known slob hunters of both/all disciplines and weapons.
Believe me, if I wasn't confident in my shot, I would not keep traveling across the world to shoot animals on expensive trips, that you pay for when you draw blood by the way, recovered or not, and walk into the bush everyday carrying a longbow.
So if your intent is to be better, get to work and find someone to help you be better. But if you are honestly a good bowhunter with a compound, the transition should not be too difficult. Unless you just don't have the ability or time and discipline to get and stay good.
Then making the decision to hunt within your limits is the respectable and responsible thing to do.
Because we all reflect and represent the whole.