We continue our series of articles about key trading performance metrics. In this article, we break down the win/loss ratio, but before we start, it’s worth mentioning why we pay so much attention to this issue. Thus, key trading performance metrics are an integral part of the all-round assessment of trading results that serves as a base for trading system development. Why are they so essential? The idea is that history teaches us great things.…

In this article we continue discussing key trading performance metrics that contribute to your trading strategy all-round assessment, resulting in crucial improvements and constantly increasing profitability. Why? Because math is an extremely valuable tool for traders for long-term success and profitability. What is essential to remind you from the previous article is that there are two pillars of successful progressive trading that are: Precise recording of trading statistics (manually and/or automatically),Calculation of additional trading performance metrics.…

It’s typical of any successful trader to evaluate final trading results for particular periods. It provides traders with plenty of opportunities for more profits, revealing the strengths of the trading system and also rooms for improvement. That is why the evaluation stage is considered to be one of the most essential parts of trading that contributes notably to profitability. Then the question arises: How to assess your results adequately? Firstly, obviously, you need to have…