Your results as a trader/investor boil down to three statistics
Average Gain - Average % gain on winning Trades
Average Loss -Average % gain on losing Trades
Batting Average - % of trades that are gains
Like in baseball, you can find incredible success in the stock market winning only a handful of times out of ten. In fact a system that is profitable or break even with only a 30-50% BA is more robust and consistent
Big thank you to everyone who has helped me reach 10k followers 🙏 I hope what I post on here helps your process. To mark the occasion, I thought I’d share my background story with trading...
I’m still very much a Rookie when it comes to trading. 2020 is actually my first full year. I’ll always be looking to learn more. Special thanks to the people on this list who share their experiences on twitter twitter.com/i/lists/122580…
First, I’m 22, Just graduated from the University of Maryland with a BS in Mechanical Engineering. I’ve always loved learning new things and figuring out the way things work. I’ll be going back to UMD in the fall to start my MS focusing on machine learning + design optimization.