Indices Trading Review My Indices Trades
When it comes to reviewing your stock indices trades as a trader the first thing that you should have is a list of stock indices trades in your stock indices trading journal. The list of stock indices trades should have some winning stock indices trades & some losing stock indices trades.
How to Review Indices Trading Results
After you have a list of winning indices trade and losing stock indices trades then the first thing that you will review is the win rate of your trading system. For example if you have a record of 20 stock indices trades in your indices trading you will first count your winning stock indices trades and then after that count your losing stock indices trades. If you have a total of 14 winning trades and a total of 6 losing trades then the win rate of your trading system is 70%. If using another example you have 10 winning stock indices trades and 10 losing stock indices trades then the win rate of your indices trading is 50%.
What this means is that if your indices trading strategy has a win rate of 70% it means your indices trading system produces 7 winning trades for every 10 trades - if your indices trading strategy has a win rate of 50% it means your indices trading system produces 5 winning trades for every 10 trades - The higher the win rate of your indices trading strategy the more profitable your indices trading system will be.
Therefore, as a trader the first thing to analyze is the losing stock indices trades and find the factors that made these trades to produce losses - then after that try not to repeat the same mistakes next time when trading indices.
Then review the profitable stock indices trades and identify why the winning trades produced a profit and try to factor in these factors the next time you are opening a indices trade so as to improve your indices trading results based on the analysis that you will have done from the review of the winning stock indices trades from your stock indices trading journal.
Next thing that you'll review as a trader is the profit per trade - once you have reviewed the profits per trade you will then identify the factors that are common for the trades that produced more profit per trade - you will then try and include these factors in your indices trading so as to improve the average profit per trade for each trade that you will open. This will try to help you to improve your trading results as you continue trading and including more of the factors that help to produce winning stock indices trades.
You'll also review the loss per trade & once you have reviewed the loss per indices trade you try to spot the factors that produce the losing stock indices trades that have more losses per trade. You'll then try to reduce these factors which are common in most of the losing stock indices trades & this way if you can identify factors which are producing more losing trades then you can help avoid making these mistakes the next time you open a new indices trade.
As a trader keeping a record of all stock indices trades in a indices trading journal and recording the details of the stock indices trades will help you to have a record of trades that you can later review and from the analysis of your recorded stock indices trades you can then find ways of improving your indices trading results based on the analysis you carry out using the review of the indices journal trades.
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