ES Journal - 2014

johnny_utah said:
LOL, yes I'm sure and I double checked... I was really surprised that implementing just a couple of extra rules would have such a positive impact on my trading.
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valid stats are just that valid.

do you have any idea why this is so?

i guess what i am saying is..those conclusions seem unrealistic?

if i ran a stat program on my trading(which i haven't), and that was the result?

i'd start to dig into the data. smthg doesn't feel right.
 
CoolHandLuke said:
valid stats are just that valid.

do you have any idea why this is so?

i guess what i am saying is..those conclusions seem unrealistic?

if i ran a stat program on my trading(which i haven't), and that was the result?

i'd start to dig into the data. smthg doesn't feel right.
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Trading is all about statistics. It was really an eye opener... If you haven't done so I really recommend you do it. Yes it's a PIA and it took me a couple of days to get it done but I'm glad I did. Even if you're profitable now, it'll make you a lot MORE profitable, guaranteed.
One thing that really shocked me was the amount of days in a month that started as positive and ended up negative... So based on these stats I introduced sort of a "trailing stop" on my daily P/L to prevent an up day become a down day.
 
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