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There are a great deal of threads and thousands of posts on the forum that talk about indicators and methods. But, for this thread, I'd like to focus more on how you trade and not so much on what you trade.
To get us started, I'd like to hear from everyone --- which of the following best describes your trading? Multiple answers are normal.
Feel free to edit the Quick Summary and add some new options after you reply
My answers:
(a) Yes my win percentage is over 50%. I'm looking at it over a few months time.
(c) Yes my winning trades, on average, are larger than my losing trades (in dollars).
(g) Yes I trade full time and it represents the majority of my income.
(a) My win percentage is over 50%
(c) My winning trades are larger than my losing trades (dollar-to-dollar)
(g) I trade full time and it represents the majority of my income
Is this the kind of reply you were looking for futures.io (formerly BMT)? Take what applies to our trading and remove what doesn't?
hi mike -- got to this thread from this post (which is just awesome, imo)
i have been trading on/off for the past couple years, but i was uncertain of the answers to a/b and c/d. i had not been tracking those questions in my trading journal, so my project for the weekend is to go back thru my journal and update it with the wldr metrics. so far, it has been quite eye-opening.
at this point, i can safely say:
(e) I trade to a specific daily goal based in dollars and then stop
(f) I trade to a specific daily loss limit based in dollars and then stop
(h) I trade part time but have another income that pays my bills
ok...didn't take me long into my exercise to realize that i didn't have to wait until the end to add these two:
(b) My win percentage is below 50%
(d) My winning trades are smaller than my losing trades (dollar-to-dollar)
making some changes over here, for the better. thx again for the valuable exercise.
(a) My win percentage is over 50%
(c) My winning trades are larger than my losing trades (dollar-to-dollar)
(j) I trade full time but does not represent the majority of my income
