Nov 2021 - The Importance of STATISTICS and RECORDS

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immy
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Joined: 22 Nov 2010, 16:46
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Nov 2021 - The Importance of STATISTICS and RECORDS

Unread post by immy »

I want to share a very important lesson I've learned just this month. 

THE IMPORTANCE OF STATS

At the start of this month, I had nearly decided to not trade the US30 at all.

Because I thought it is "spiky" and I don't make money on it.

Nasdaq is smoother and much better.

However, I simply couldn't stop trading US30. It always attracted me and provided an opportunity.

I carried on trading US30 as well as Nasdaq I went ahead and did a thorough analysis of all the trades.

I found that US30 is not bad. It is actually my BEST market.

US30 Results for Nov 2021:

Win Rate: 78%. (shockingly high)
Total Profit: 12% (Challenge account holders will dream of this) 
us30-12pc.png
 
Profit Factor: 5.28
us30-12pc1.png
 
 
 Another lesson from this analysis: I can clearly see why we can simply stick to 1 or 2 markets and continue to trade our method. There is really no need to trade multiple markets. I can assure you that these results are from one of my accounts on which I trade for someone else. I trade very conservatively on this account. On another account, US30 has brought me over 25% this month. So, that's t he other important lesson. 
 
 
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What is the Secret of Successful Trading?
The Consistent Pursuit of DS1 :nerd

The thing that makes me money in trading is when I "Objectively Follow my Trading Plan".

I understand that I can't catch all the moves or all the signals but my objective is to catch THE VALID SIGNALS & ONLY the Valid Signals.

My Deathbed Advice "5:1 Reward to Risk Ratio".

Yo, banana boy! 🍌
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Darren
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Joined: 20 Nov 2012, 13:54
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Re: Nov 2021 - The Importance of STATISTICS and RECORDS

Unread post by Darren »

Fantastic results - it certainly builds confidence in this method of trading!  :bow
 
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eaxh
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Joined: 17 Jan 2017, 21:19
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Re: Nov 2021 - The Importance of STATISTICS and RECORDS

Unread post by eaxh »

THAT IS SOME IMPRESSIVE RESULTS!!!

:bow
 

 
Don't let the fear of losing keep you from winning
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