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Performance Metrics You Need To Be Using
Mind Over Markets
The Problem With Performance Metrics
So far, i don't want to win too many trades. When you think a trade is less risky, that's when it's the most risky. You want to get trad early on where there'rs still risk, and that comes with a lower win rate. So i'm looking for a 60 % win rate. I need to make twice as much money as i lose on the profit factor. And i like to hold trades and stay in them twice as long, on the winning side than losing side. This is how i get early cues that things are about to go south. The problem with performance metrix is this, and i wan to talk about this in this section before
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