Performance Postmortem

August 2017 was even worst, and I ended up blowing up the account and had to top it up (details). I keep telling me that it's just a phase. The problem of the reversals affecting me badly continues.

AVG21 is -1156.03, AVG63 is -589.03 and AVG250 is -455.4 ;

2017 is at -51493
 
September 2017 was even topsy turvy, and ended with loss, again. Not much to comment except that I seem unable to protect my profits. Will work on that.

AVG21 is -263.81, AVG63 is -664.11 and AVG250 is -430.53 ;

2017 is at -57033.1
 

copypasteaee

Humbled by Markets
you are restricting your profits at 1500 Rs Approx more or less nearby but you are allowing to grow your losses to tune of 16000, 8000, 5000 (saw reports of August and september). It should be other way round to be successful.
 

copypasteaee

Humbled by Markets
average profit for august = 1358
average loss per trade = 6753

win percent is good = 11/7+11 = 61 percent

So probability is in your favour but the expectancy is against you.

probability is how many percent times your system generates a winner out of total trades. 61 percent for this month.

expectancy is different than probability. I have a biased coin which gets tails 60 percent and heads 40 percent. if i get tail i lose 1000 Rs. and if i get head i win 2000 Rs

So i toss the coin 10 times and i get 4 heads and 6 tails (this is ideal case, btw the distribution function tends to be normal when n-> infinity, practically we can have a head or tail streak even when the coin is biased!!!)

so 4 heads mean i get 8000 rs and 6 tails means i lose 6000 rs

this difference 2000 (8000 - 6000) is positive expectancy. Dont care about win probability and it may be lower than 50%. But let the winners run so that they can compensate the losers.

Ok leaving my crap here. My best wishes with you.
 

copypasteaee

Humbled by Markets
btw 1585 Rs profit is a magic figure and happening repetitively, are you booking profit here?
 

copypasteaee

Humbled by Markets
 

TraderRavi

low risk profile
August 2017 was even worst, and I ended up blowing up the account and had to top it up (details). I keep telling me that it's just a phase. The problem of the reversals affecting me badly continues.

AVG21 is -1156.03, AVG63 is -589.03 and AVG250 is -455.4 ;

2017 is at -51493

8 and 9 aug were bad , 16k loss in one day ruined aug , what you did that day ? or busy with some lady customer in your shop :depressed:
 

Similar threads