Measuring trading performance is critical not only from a personal behavioural perspective but also to ensure that your system develops to fit you as an individual trader. This session addresses this topic theoretically and practically with the aim of giving you the knowledge, skills and downloadable tools to help you succeed in delivering this ESSENTIAL part of your on-going trading development, and is applicable for all traders, investing in all financial instruments.
Arguably, measuring trading performance is one of the important differentiating factors between trading as a hobby and trading as a business.
In this session we will cover:
- Why measuring trading is critical to your on-going development and the serious implications of not doing this
- The key trading business numbers which are your benchmark for measuring success or otherwise
- How to measure and record effectively your trade system performance so you can determine which parts of that system are working for you (and which are not).
- How to undertake a formal review of collected information so you can "close the circle" and integrate evidence back into your trading system and behaviours.
This learning is not to be missed.