Improving My Performance

Discussion in 'Psychology' started by Hurricane, Nov 4, 2006.

  1. That's beautiful. :)
     
    #11     Nov 6, 2006
  2. dac8555

    dac8555

    I have NEVER seen that good of a win/loss ratio...never.

    I am not trying to be insulting...but are you sure you are counting correctly? the best in the business shoot for 60% win rate.
     
    #12     Nov 8, 2006
  3. Yes, at least the way I count a trade which is a series of buys/sells from start of a position until closeout of the position. I keep a complete log of each trade (open date, close date, trade type, security, capital/gain loss, dividend, net gain/loss). Many of my trades were losses that I doubled up on and/or waited them out. I've got the capital to hang in there when it makes sense to and don't rely on trading income to put food on the table. It's a luxury that at least in part keeps me from panicking and allows me to take risk. Not altogether smart which is why I started this post. I'm doing some research on trading psychology now which might help me out.
     
    #13     Nov 8, 2006