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Re: Best stats for tracking progress?
I dont rate by dollars at all.
I rate every trade with 3 numbers (1 is a break of my rules, 2 is slightly faulty, 3 is as it should be). The first number is for the entry. The second for the stop. The third for managed exit.
So a great trade is 333. A very bad trade has a 1 in it.
Anything to do with money takes your focus away from where it should be. Use money measures for weekly reviews etc (IMHO)
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