weekend aftermarket lounge 25-28th may, page-27

  1. 5,268 Posts.
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    i'm still trying to unwind mistakes from months ago

    slowly got my trading account down from 19 stocks to 3

    trouble with largish holdings is possibly throwing money away by chasing the price down

    my positions will be marked to market at 30th June if i choose so i've been including running losses in my record keeping so far this calendar year

    i don't care whether my trades are profitable/breakeven/losses, just want to get the best price within a set timeframe

    markets are very unpredictable at the moment so capital preservation is first priority

    i've had to trim my personal estimates for the year a couple of times and am likely to underperform the past two years (has been a tough year though imo)

    i've had losses coming out of my earholes, might even break my record of 48% winning trades to the downside over the period - have to take the wl ratio into consideration too

    don't want to be too self critical though because it's not realistic to be banging in profits on a weekly basis in the current environment unless you're a super trader - and i'm certainly not, lots of hard work and self analysis needed along with new skill sets

    saw a couple of articles over the weekend below plus previous self analysis

    wl ratio - average winning trade inc bkge divided by av losing trade inc bkge

    http://www.fxtechstrategy.com/why-are-you-concerned-about-your-win-loss-ratio

    http://newtraderu.com/

 
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