You cashback forexrthanhcong.com">cashback forex calculator Online bottom line (all profits cashbackforexpipcalculator losses) will give you an idea of your overall cashbackforexprofitcalculator performance, while recording data will help you discover which parts of your trading system, plan and process allow you to move forward like a well-tuned race car rather than a broken down old car Your performance will help you determine what is working and what is not, and what needs to be improved. Here are the minimum numbers to keep track of your systems lifeblood: Net Profit: This is your to cashbackforexcalculatorOnline revenue minus your total losses and expenses including equipment costs, commissions and other costs Profit Ratio: This is your total revenue divided by your total number of trades What is your profit ratio? Loss Ratio: This is the total losses divided by the total number of trades What is your Loss Ratio? Maximum Take Profit Trades: will be removed from your average take profit calculations not necessarily, but if you have abnormally large take profits relative to other take profit positions, remove them, this will make your trading position and expectations more accurate Maximum Damage Trades: will be removed from your average loss calculations not necessarily, but if you have abnormally large losses relative to other damage positions, remove them, this will make your trading position and expectations more accurate This will make your trading position and expectations more accurate Average trade gain: processed by the computer itself, total profit divided by the number of profitable trades Average trade loss: processed by the computer itself, total loss divided by the number of impaired trades Return per trade: average trade profit minus average trade loss Average position duration: total position events divided by the number of trades Long/short trade gain/loss: this data helps determine in that type of trade, or that trading environment you performed better Maximum # consecutive losses: this data helps you determine your largest losses, and arguably the worst scenario you experienced Average # consecutive losses: this data helps you determine the size of your average losses and helps you control the maximum risk of loss that may occur Maximum trading account drawdown: after a series of compromised trades, your account loss The maximum amount of recorded feelings and mistakes: how well or badly you executed the trade can be measured, and your mental state at the time of the trade can also be recorded Your feelings can help you avoid trading in a state of frustration For example, you wake up just as a news event happens (you forget), it drives the market to change rapidly, you rush to catch up but your computer crashes, you lose your strength, your dog happens to run into oncoming traffic Crash and die waiting for you to come online again, you find that the market has moved 100 points in the direction you wanted to buy this kind of thing happens, dont you get angry? Thats when you must be in a bad mood, so its a bad idea to keep trading for the rest of the day. Expectation: Simply put, expectation is the amount of profit you want to make (and the amount of loss you suffer) on each trade. For example, at the end of the year, Zhang San looks at his year-end trading review and after reviewing all of his trades, he realizes that he unknowingly made trades that deviated from the trend. Ways to expand your expectations (profit per trade) and help you determine the correct size of your position and the most appropriate trading environment for you
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