10-9-06 my trading statistics
I'm digging stocktickr.com. This very reasonably priced service makes the chore of keeping track of my trade statistics much easier in several ways... ok I'm not trying to be a commercial... but I used to keep track of these things manually on a spread sheet and now I simply log on and the information is there at the end of each trade.
For example:
My performance for the month of October including today:
10.11R return
Win% of trades = 60.87%
Expectancy = 0.44
Profit = $1,773.17 (yes that includes taking broker fees out, but not taxes)
Trades = 23
Shares traded = 45,500
Today's performance:
0.64R return
Win% of trades = 33.3%
Winners = 1/3 (proof that proper money management via entry selection, position sizing, and hard stops can help you make money even if you lose 2/3 trades).
Expectancy = 0.21
Based on a view of my trading statistics by day of the week I know that Monday's are typically not my best trading days... Wedensdays are my best... and Friday's are my worst.
For example:
My performance for the month of October including today:
10.11R return
Win% of trades = 60.87%
Expectancy = 0.44
Profit = $1,773.17 (yes that includes taking broker fees out, but not taxes)
Trades = 23
Shares traded = 45,500
Today's performance:
0.64R return
Win% of trades = 33.3%
Winners = 1/3 (proof that proper money management via entry selection, position sizing, and hard stops can help you make money even if you lose 2/3 trades).
Expectancy = 0.21
Based on a view of my trading statistics by day of the week I know that Monday's are typically not my best trading days... Wedensdays are my best... and Friday's are my worst.

1 Comments:
Glad to see you are enjoying StockTickr! Mondays are my worst days, according to my stats. I think that's an interesting report.
By
Richard, at 11:12 AM
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