I'm still working on my own system, and hope to include it as a journal some day on this forum. I wanted to ask traders out there, though, what kind of real returns have people been experiencing?
I'm a swing trader, and I'm trying to target a .5%-1.0% return per trade (net of commissions) on an average hold of one day, and at least a 60% win rate. I don't have a standard dev target, since I don't know what can be considered typical.
Anyway, just curious as to what kind of average returns have people been experiencing out there. It would be helpful if you could state your results (for apples-to-apples comparison) in the form of:
# of Trades
Avg % Return Per Trade
Average Hold Time (in days or hours) Per Trade
Success Rate (% of trades that were successful)
Avg Gain (for winning trades)
Avg Loss (for losing trades)
Obviously you can throw in some other metrics, but I think the above are the most important.
Thanks again to everyone, and look forward to seeing how people are performing out there!
I'm a swing trader, and I'm trying to target a .5%-1.0% return per trade (net of commissions) on an average hold of one day, and at least a 60% win rate. I don't have a standard dev target, since I don't know what can be considered typical.
Anyway, just curious as to what kind of average returns have people been experiencing out there. It would be helpful if you could state your results (for apples-to-apples comparison) in the form of:
# of Trades
Avg % Return Per Trade
Average Hold Time (in days or hours) Per Trade
Success Rate (% of trades that were successful)
Avg Gain (for winning trades)
Avg Loss (for losing trades)
Obviously you can throw in some other metrics, but I think the above are the most important.
Thanks again to everyone, and look forward to seeing how people are performing out there!
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