Postby aliassmith » Tue Sep 20, 2016 3:07 pm
I see my account balance go up, so I know what I am doing is working. Today I wanted to get a bit more detailed with my data. I decided to see what my PROFIT FACTOR is for September and my trade accuracy.
Adding all my gains and dividing them by all my losses I got a profit factor of 3.63
Counting all my wins and dividing them by all my trades, my win percentage is 75.5%
Taking my balance on September 20th and subtracting it from the balance on September 1st I gained 33.18%
Taking my biggest period of loss and dividing that by the balance I have my biggest drawdown of the period of 7.2%
I took the total $$ of my winning trades divided by the number of them and divided it by the $$ of the losing trades divided by the number of them. I got a ratio of 1.16
basically a ratio of my average wins divided by my average losses.
As you can see my numbers work and are at a "Professional" level in my opinion, but I am sure there are several of you out there that are doing better.
I share this because I know some of you want to see what is possible and have something to compare your stats to.
Last edited by
aliassmith on Tue Sep 20, 2016 7:42 pm, edited 1 time in total.
Trade Your Way as Long as It Makes Money!