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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: hubris33 who wrote (9576)5/8/2006 9:33:28 PM
From: chowder  Read Replies (1) of 13449
 
The focus of a good trading plan should be on the net percentage of profit.

A good trading plan should have winning trades outperforming losing trades (percentage wise), with losing trades showing small losses and winning trades being allowed to run. It appears you have succeeded at this.

It is not uncommon to have a lot of small losers and just a few big winners, you will have a lot of small winners too.

I'll cover this in more detail later. For now, it appears you are doing well if your 30 trades have netted a 28.9% profit.

Good job.

dabum
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