I trawled through my trades over the past 6 months last weekend (900 trades).
I then compared them to what my trades were in the previous 2 years.
I know my hit rate is almost 2 out of 3.
The major difference is my average loss is now less than my average gain. A breakeven doesn't exist unless your brokerage exactly matches you're gain.
I add all my winning/losing trades together or profits/expenses and include brokerage costs, then divide them by the total trades over a period.
For example, if my brokerage is $20, a breakeven would be a $40 loss and a $300 gain would actually be a $260 gain.
The point of the post is that you need to know your hit rate and the difference between your average profit and average loss including brokerage costs if you plan to trade regularly.
