Here are some live trading pro tips.
In fact, Wall Street is pretty fond of the SR for several reasonsyou likely want to know.
Absolute ROR, on the other hand, can be deceptive and limiting.
An equity curve will show you both profits and losses over a specified timeframe.
You know you are in the green when the overall trend of the EC is sloping upwards.
Whats your R Factor?
The R Factor is basically an overall measure of your risk to reward ratio across all your trades.
That means you might expect to make $2 for every $1 you lose.
What you want from it is to get a good idea of your winning vs losing trades.
You want the former to outdo the latter.
The maximum drawdown is a vital metric in trading performance and can be used to measure risk.
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