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TFC Commodity Trading Forum

Re: Profitable Trading: Show Me The Numbers

G,
I tend to agree w/ LUaB. A monetary goal can be a dangerous thing. Now the goal of following your trading plan is more realistic. My long-term goal is always peace of mind. And that won’t be achieved until you know subconcioulsy that your method/execution (your numbers) work. Ex: re: numbers: today a new student -- an engineer by trade -- had started his benchmark spreadsheet --recording his forward-test -- and had some questions. I love engineers because they are literal and factual. So for the first half of class today Alan the Engineer got the microphone. Now I’m not a natural teacher or moderator, and I have no idea where Alan is going with this, but I know he will be factual and literal. He knows that his success is not dependent on what he thinks or what he would like, but on what the spreadsheet yields. An appropriate goal therefore is to follow the plan to the T and not make mistakes.

Trading involves risk of loss and is not suitable for all investors.