Mouro Trading Journal

This is my personal trading log that I have made public, none of these trades are recommendations for your own trading. You are responsible for your own trading decisions and actions. Not me. This blog is my way of journaling because I am lazy and I don't know a better way of staying motivated to do it. I post daily and 4hr charts with Acceleration bands (20 prd), %R (30 Prd), and other indicators. I use Price Headley's methods and my favorite setups are %R retests outside the Accel bands.

Showing posts with label batting average. Show all posts

Tuesday, October 12, 2010

Batting Average...

So...an astute reader asked me what my batting average is for trades I come up with on my own without the direct help of Bob Lang and Price Headley.

Well...its a good thing I tag posts winner and loser.

Anyway thus far (since I started chronicling things on this blog) I have 14 wins and 17 losers. So that's something like batting 0.451 (31 at bats).

Not too shabby I guess...Not too shabby at all. My goal is to get better (had I taken profits on just a few more trades the balance would have tipped in favor of the W column).

I didn't go back and calculate the total $$$$ here...but I am guessing I am barely at a profit or I am at break even...reason is because I can see the accounts and I know that it has been the Big Trends gains that have juiced the accounts thus far.

In any case, I am learning to get out when the going is good and that will improve the batting average...or I guess the Slugging percentage or whatever (not a baseball fan).