Risk-Reward and R-Multiples — Measuring Trades Properly
Measuring trades in money makes results incomparable — a $40 win on gold and a $40
Measuring trades in money makes results incomparable — a $40 win on gold and a $40
Win rate is the most quoted statistic in trading and the least informative. It is the
Nearly every pattern in this section traces back to how a trader experiences a losing trade.
Without a journal, everything in this section is unverifiable. You cannot know whether your strategy works,