Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

• ## Welcome Guests

Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

## Recommended Posts

Once you’ve placed some trades with your strategy you can begin to analyze the data. A paper trade account is a great way to tweak and fine tune, but switching to a live trading account WILL change your results (this could be good or bad).

The more data the better, as a rule of thumb place at least 100 trades with your specific setup before analyzing the data.

Use these calculations to help analyze your data:

Winning and Losing %:

Winning % = # of Winners / Total # of Trades

Losing % = 100 - Winning %

Average \$ of Your Winners and Losers:

Avg. Winner \$ Amount = Sum of Profitable Trades / Total # of Winning Trades

Avg. Loser \$ Amount = Sum of Losing Trades / Total # of Losing Trades

Average Hold Time of Your Winners and Losers:

How long do you stay in a winner versus a loser, are there noticeable differences? Find that sweet spot.

Reward / Risk Ratio:

How much do you winners beat your losers = Avg. W / Avg. L

Profit / Loss Expectancy:

This is the calculation that often gets overlooked, but is inevitably the most important. Expectancy forecasts your futures profits. It tells you the average \$ amount you can expect to win (or loose) per trade.

Expectancy = [(W % x Avg. W) – (L % x Avg. L)] – round turn commission

Record Keeping Tips:

Keep track of your profit loss, commission, daily winners and losers, weekly profits, and individual trade setups. This will help you spot trends in your trading and fine tune even more. In my post Ideas for Building Your Personal Trading Journal I outline some more ways to make this process easier.

StockTickr – A web based platform with a breadth of in-depth analysis tools and charts.

FinViz – My favorite stock screening tool.

Jing – Makes capturing screenshots a breeze.

Both Trading Journal Spreadsheets and StockTickr are great tools to help with the analytical side of your trading and in essence do all these calculation for you.

To become successful you must focus on trading effectively and not on the profit/loss. Do your research, and then act.

##### Share on other sites

If there are any calculations you think I left out go ahead and leave them below.

## Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

×   Pasted as rich text.   Paste as plain text instead

Only 75 emoji are allowed.

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×

• 131
• 9
• 0
• 3
• 3
• ### Posts

• CRUDE OIL Corrective Pullback Mode Remains    CRUDE OIL corrective pullback mode remains as more decline is likely in the days ahead. Support lies at the 56.50 level where a break will expose the 56.00 level. A cut through here will set the stage for a run at the 55.50 level. Further down, support comes in at the 55.00 level. Its daily RSI is a bearish and pointing lower suggesting further weakness. On the upside, resistance resides at the 57.50 levels. Further out, resistance comes in at the 58.00 level. A break above here will aim at the 58.50 level and then the 59.00 level followed by the 59.50.00 level. All in all, CRUDE OIL remains biased to the downside nearer term on pullback.
• I had used binance and hotforex, first one for bitcoin to altcoins and the second one for EURUSD and they also added BTCUSD and BTCEUR pair too.
• Why not withdrawing from a pc or laptop, i usually use them to withdraw and it is relatively easy as compared to withdrawing from a mobile phone i guess..
• I use binance, Tickmill and Hotforex(trade their CFD products). Anybody else trading crypto as Cfds?
×
×
• Create New...