2min chapter

Mind Over Markets cover image

Performance Metrics You Need To Be Using

Mind Over Markets

CHAPTER

Trade Day Review - What Is Your Best Coach?

The best coach re a deep dive into the statistics of your performance, right? All these stats together will tell you a story, and a much more meaningful one than just the wind rate. Let's do a full trade day review and see what story is being told here about my performance on august 20, fourth of 20 21. So if we divide forty seven 50, which is my clothes trades profit, divided by my clothes trade's loss, i get a profit factor of one point six nine. That means for every one dollar that i lost to day, or on this day, i made a dollar 69 of return. It's a decent profit factor. And with these top sics

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode