Monday, April 18, 2016

[Video] Find Hidden Flaws in Any Trading System...Using Trading KPI's





Business managers, engineers, Pentagon planners, and financial experts all model their projected results. So should traders.



Traders routinely get into trouble with one strategy or another because they focus on one or two Key Performance Indicators (KPI's), such as % winning trades, or % gain per trade. The truth is that there are at least 8 essential KPI's -- Account Size, Position Size, Trades per Month, Hold Period, % Winners, % Gain per Trade, % Loss per Loser (or Trailing Stop), % Exposure -- and they all interact with each other.



Some KPI's, like % Gain per Trade, are not nearly as important as you might think. And when you look at all the KPI's of a trading strategy together, you will quickly see that many trading systems have absolutely no chance of succeeding! Even if you are producing great buy signals!



Are you ready to put your assumptions put to the test?



Join Roy Swanson and he will show you how to:



See which of your trading assumptions are just wishful thinking

"Right-size” your buys to be in line with your strategy & account size

Why your "average hold period" is more important than just about anything else

Avoid the common trap of ignoring cash flow -- the fatal error lurking in most trading systems

This will be an interactive session where you can ask Roy to model the KPI's of your own trading system. Please take note of your current results so you can contribute to the discussion.



About Roy Swanson

Roy Swanson is the founder of SteadyTrader.com. A veteran trader and math geek, he started trading at the dawn of the online brokerage era, and was even asked by DL&J if he wanted to work on derivatives, back when they first became popular in the late 1990’s.



Roy has consulted for some of the best-known names in the trading strategy world (and still does). Last year, he decided it was time to turn his no-nonsense, professional approach to trading into tools that average traders can use in their own trading.​

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