What's new

Calculate Your Potential Trading Profits

5.00 star(s) 1 Vote
Last Day Black Friday Offer!!!
Get 50% off on all Subscriptions.
Use Coupon: blackfriday

HotForexsignal

Active Member
Traders need to have a solid and realistic understanding of what they expect within the future, and specifically what returns they expect to provide in terms of profits. I ask traders all the time what quite returns or draw-downs they're expecting in their account and a surprising number say they need no idea or give me their goals instead of planned long-term returns. They need to be beneficial but don't realize how a strand of trades may impact overall portfolio price. This type of trading without planned expectations and rules may be a major barrier to success.


Random Trading

Many traders have a propensity for random trading. These types of traders seem to be fishing for opportunities. They'll make a trade or two from somebody else they saw on a forum or newsletter, or they'll just be entering trades without firm risk control procedures in place. They need an inclination to wait and see what happens. Usually, what happens maybe a gut-wrenching period of indecision, loss, and frustration.


Misunderstanding of trading costs

The second issue these traders affect may be a lack of understanding of system or strategy costs. I usually ask this as trader myopia or tunnel vision. These traders consider one trade at a time and aren't considering tomorrow, or next month's trades and don't understand the prices which will impact leads to the long term.


What is expectancy?

Expectancy is what it seems like. It helps you understand how winners, losers, gains, and losses associated with one another over the long term.

Calculate your potential trading profits: https://www.winrate.io/

Expectancy is a very important factor but there are two fundamental considerations that are important to notice when developing it:

Trading costs there's an easy method to assist better understand the results of trading costs on your system. Reduce the gains in your winners by the number of trading costs, and increase your losers similarly. As I discussed during a previous section, it's also good to assume an exact amount of slippage during entry. In other words, never assume that things will compute perfectly in your trades.


Summary

Expectancy may be a good way to match and analyze strategies and strategy modifications. It's a solid double-check on the viability of the strategy itself. If your expectancy ratio is negative you must not trade the strategy. If one of your trading factors is blank or only an estimate, you would like to solidify it before executing on your system.
 

Create an account or login to comment

You must be a member in order to leave a comment

Create account

Create an account on our community. It's easy!

Log in

Already have an account? Log in here.

Thread starter Similar threads Forum Replies Date
J HOW DO YOU CALCULATE MOVING AVERAGE? Other Topics 1
F Usd/chf potential trade with RRR 4:1 Interactive Forex Trading 0
E Forex can be potential investment General Discussions 6
A IB - A POTENTIAL INDUSTRY General Discussions 0
Ibrahim Simal Forex News USDCHF Broke Past Major Support, Potential Further Drop! Forex Education 0
P Forex News G10FX: Assessing The Key FX Driver In 2018 & Its Potential Impact On Major FX - Nomura Interactive Forex Trading 0
P Forex News AUD: Housing Market A 'Source Of Potential Danger' For AUD; Housing Indicators In Focus -... Interactive Forex Trading 0
P Forex News EUR/USD: Will Oil Cool The Potential For 1.20+ In EUR/USD? - BofAML Interactive Forex Trading 0
P Forex News GBP: UK Elections: Significant Potential For GBP Shorts To Be Re-Established - BNPP Interactive Forex Trading 0
T the very best system of trading nAs100 Forex Education 0
J VMJ Trading system /Mod Trading Systems and Strategies 0
K Indicator RenkoStreet V2 Trading system Forex Indicators and Tools 0
K Indicator Super Parabolic Trading Forex Indicators and Tools 0
T Earn online trading forex Making Income Online 0
T Scam alert in forex trading Scam Alerts 0
$ New in the business of trading currencies Trading Systems and Strategies 0
P am a beginner trying to make money with forex trading Forex Education 0
A GRID TRADING AUTO EXPERTS Forex Expert Advisors and Automated Trading 0
A Best Forex Broker For Trading Currency Forex Broker Reviews 0
G How do I get good Trading bot for NASDAQ and others General Discussions 0
K Indicator Elite_Tactics_EA for your trading easier -Reliable Forex robot Forex Indicators and Tools 0
N General Trading Made Simple Is that possible? Yes. Trading Systems and Strategies 0
T Interaction forex trading experience Interactive Forex Trading 1
R Indicator VWAP-EMA-Gold-Green-Forex-Trading-Strategy for MT4 Forex Indicators and Tools 1
E Manual trading and automated trading, which is the best Trading Systems and Strategies 0
I Can you give me the best tip to trading? General Discussions 2
T Question for December trading General Discussions 2
D General How to set up a trading robot Trading Systems and Strategies 0
K Indicator 5M Trading Indicator-MT5 Forex Indicators and Tools 0
K Indicator Jack Mate indicator for your trading easy - MT4 Forex Indicators and Tools 0
K Indicator Auto Trend Line indicator for your trading easy- MT5 Forex Indicators and Tools 0
K Indicator Buy Sell Pivots Trading Indicator for you-MT4 Forex Indicators and Tools 0
K Indicator MT-5 -"Indicator_Arrows_II" for you to Trading Forex Indicators and Tools 0
K Indicator V75 Indicator system for your trading Forex Indicators and Tools 0
I Post 1 baby men of trading Interactive Forex Trading 0
T Good Forex Trading Courses That are not Scams or Exorbitant in South Africa Forex Education 0
V Which trading system is good for NAS100 guys... Trading Systems and Strategies 0
L High Probability Techniques for trading without indicators MetaTrader 0
thesurfer258 General Bitcoin News Trading Strategies Forex Education 0
V Any profitable Trading system... suggestions please!!! Trading Systems and Strategies 0
R Trading systems and strategies Trading Systems and Strategies 0
B New FX Trading System Modified Forex Indicators and Tools 1
S TRADING SYSTEMS, indicators and pdfs Trading Systems and Strategies 1
B Black Gold Trading System Forex Indicators and Tools 2
B BDP Trading System with currency index panel Forex Indicators and Tools 0
Z Forex reading and trading materials Forex Education 0
Z Demo vs Live account trading General Discussions 4
Z Trading during news release Trading Systems and Strategies 0
Bmoreprofit Pocket Option Broker for Binary Options Trading Binary Options Brokers Discussions 0
O What is the best trading software and why? Trading Systems and Strategies 0
Similar threads


















































Top
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock