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

To: aldrums who wrote (17383)	7/21/2005 10:50:41 AM
From: Eric P	Read Replies (2) \| Respond to of 18137

Thanks, Eric. I am still wondering if you use multiple systems. Also, wouldn't you have to know the exact average profitability of those systems in order to gauge their effectiveness? I definitely use multiple systems (7 of them currently). I monitor the daily P&L results of every system on every day and can easily see their effectively from my equity curve and MTD profits for each system. However, I just don't know my average profit per trade, as I make hundreds (or thousands) of trades every day. I find it's much easier to simply look at my average daily P&L for each system and not on a trade-by-trade basis. -Eric