Oct 2010 Trading Profit is UP 142%.
Trading Performance must be managed at 2 levels: Portfolio and Trade specific.
Portfolio Measure: Profit/Start of Year Cash Balance = $70,757/$50,000 = UP 142%.
Key Performance Metrics ...
Win/Loss Probability = 68/83 = 81.93%.
Average Win/Average Loss = $1,131/$440 = $2.57 Won per $1 Loss.
Performance Ratio = (Win/Loss Probability) x (Average Win/Average Loss) = 81.93% x $2.57 = 2.11.
Positive Expectancy = (Win Probability x Average Win) - (Loss Probability x Average Loss) = (81.93% x $1,131) - (18.07% x $440) = $847 per trade.
NO trade adjustments needed.
For more, visit: homeoptionstrading.com/consistent_results