Lost 7 trades in a row this week, how often will this happen again?

[padutrader]

49%

what is your profit factor?
I have a win rate of 55% and pf of 1.8 and a 131% return and a sharp ratio of .12 which is very bad, it think. i am not sure how this is calculated but I use very wide stops so that may be one reason for that figure
that is the for the period under consideration which is 6 days.
I am a 'discretionary' trader: trading breakouts, trend pull backs, wedges, expanding triangles, break out pull backs......
I have found that sometimes I trade in flippant or over confident manner, especially after when I make high return. identifying the problem always identifies the solution: and I think I can beat that weakness of mine .time will tell.
if you are not a discretionary trader but a system trader-manual or algorithmic- then I think you will be prone to streaks of winners or losers

 

[DevBru]

what is your profit factor?
I have a win rate of 55% and pf of 1.8 and a 131% return and a sharp ratio of .12 which is very bad, it think.
that is the for the period under consideration which is 6 days.
I am a 'discretionary' trader: trading breakouts, trend pull backs, wedges, expanding triangles, break out pull backs......
I have found that sometimes I trade in flippant or over confident manner, especially when I make high return. identifying the problem always identifies the solution: and I think I can beat that weakness of mine .time will tell.
if you are not a discretionary trader but a system trader-manual or algorithmic- then I think you will be prone to streaks of winners or losers

6 days of data isn't even worth mentioning. You need at least several months of data before it gets any value.

 

[padutrader]

6 days of data isn't even worth mentioning. You need at least several months of data before it gets any value.

I did not say it has any value.
I only mentioned it for illustrative purposes just a few things that may be worth looking at.
only win rate is no value

 

[padutrader]

6 days of data isn't even worth mentioning. You need at least several months of data before it gets any value.

the value of knowing these things is that you know where you are to improve: so it always have some value.

 

[padutrader]

disclaimer: there are 3 kinds of lies: lies damn lies and statistics

 

[DevBru]

the value of knowing these things is that you know where you are to improve: so it always have some value.

6 days of data will never have any value since 6 days can be 100% luck.

You need long term numbers to know for sure it had nothing to do with luck or bad luck. You need data from different market situations (range, trend, correction, ...) before you can learn anything from it.

 

[padutrader]

6 days of data will never have any value since 6 days can be 100% luck.

You need long term numbers to know for sure it had nothing to do with luck or bad luck. You need data from different market situations (range, trend, correction, ...) before you can learn anything from it.

please
I am not an idiot.i have ben trading for 30 years
I have already said it was for illustrative purposes

 

[Overnight]

...I am not like "normal" humans, having Asperser's, don't have understanding of many of the negative emotions...

At least your wee does not smell funny...

 

[DevBru]

please
I am not an idiot.
there is always some value

The fact that you blow your account every few weeks and never learned anything from your few weeks of data proves otherwise.

 

[padutrader]

The fact that you blow your account every few weeks and never learned anything from your few weeks of data proves otherwise.

do you have proof that I blow accounts every few weeks ?
or are you an idiot who believes anything and everything you read.