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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: Teresa Lo who wrote (3143)8/21/1999 8:39:00 AM
From: Jay Lyons  Read Replies (1) | Respond to of 18137
 
Spent a little time at your site today...very impressive, keep up the good work.

Your matrix spreadsheet looks like a very helpful tool, however, can I make a suggestion for improvement?

I think it's a fair assumption to say that most traders overestimate their performance.

As it is, the Matrix relys on the trader to enter the average gain/loss and win/loss ratio but does not provide a spreadsheet which computes that figure. The formula is on the download page, but is not (as far as I can see) in the matrix itself. Rather than rely on the trader to input the win/loss amount that he thinks he has, why not set up a page wherein the trader lists all of his trades each day and which then figures his win/loss ratio and imports it to the proper page.

You could even keep the pages as they are now to set up "what if" scenarios, to be compared to the pages which show actual performence.

I know that in my own case, this would creat a much more valuable resource.

Jay