4 factors to measure the performance of a trading system:

1 - Accuracy
There is no such thing as 90% Accuracy without compromising on other factors (like profit factor, etc)

Fact - A good trading system will have only 35-60% accuracy without compromising other factors.

(1/n)

2 - Profit Factor (PF)

It is similar to risk-reward. It is derived using the below formula:

Profit Factor = Total Profit by winning trades / Total loss by losing trades

Fact - A trading system above 1.2 PF is good if it scores well with other factors.

(2/n)
3 - Maximum Drawdown

The maximum drawdown also plays a vital role psychologically while picking a trading system.

Fact - Maximum Drawdown in any trading system should not exceed 20%. I suggest picking only the techniques which have less than 10% maximum drawdown.

(3/n)
4 - Maximum Consecutive Losers

We all feel bad even if we lose only Rs.1,000 in a trade. Because it is not only about the money, it is emotionally difficult to accept the failure.

Fact - A good trading system will have less than 15 consecutive losing trades.

(4/n)
TRADE LIKE CRAZY

10 Profitable Intraday Trading Systems, which are backtested against 10-years of Banknifty Historical Data!

(n/n)
https://t.co/BuUie17Ish

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Do ‘re-tweet’ and help us educate more retail investors (1/n)

#investing #StockMarket

Some investors feel that markets are trading at a PE of 27 vs 10 years historical average of 20 and a market-cap to GDP of 105 vs historical average of 79 and hence markets look expensive (2/n)


But, in such crazy liquidity driven markets, prices can move much ahead of the fundamentals & suddenly we start hearing commentaries of how the market is pricing in the earnings of FY 22 & 23 to justify the rally

If you r new to fundamentals, 👇 can help


Results for Q4 have come out very well but that is also because of the lower base effect of the last year.

Over the last many years, markets have corrected 10-15% each calendar year. Can it happen this year as well? Can very much and that can be a great entry point. Why? (4/n)


There are a lot of over hangs in the near term,
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All of the above are –ve for markets & liquidity on the other side driving markets up, its impossible to judge the near term movement of the markets (5/n)

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Corbyn opposes the exploitation of foreign sweatshop-workers - Labour MPs complain he's like Nigel

He speaks up in defence of migrants - Labour MPs whinge that he's not listening to the public's very real concerns about immigration:

He's wrong to prioritise Labour Party members over the public:

He's wrong to prioritise the public over Labour Party