Much has been said about the importance of keeping a trading journal. Despite this, it seems that traders still underestimate the value of evaluation of their own performance. Let’s focus on the most essential metrics you should think well through. Win Percentage Win Percentage is an easy to understand concept. It reveals how many of … Read more
Today’s article discusses a drawdown. What is it? How to assess it and what do you need it for? The answers to these questions you will find below. The drawdown description In the trading world, the drawdown is a decline from a peak to a trough over a certain period of time for a specific … Read more
What are you taking into consideration when you evaluate your trading session? Some traders tend to look only at the percentage of the winning trades. But more wins than losses do not necessarily mean, you end up with a profit. One more component to take into account is the quality of your gains and losses. … Read more