Profit to Loss Ratio's

The sport of kings.
firlandsfarm
Posts: 1296
Joined: Sat May 03, 2014 8:20 am

Derek27 wrote:
Tue Oct 20, 2020 9:15 pm
I calculate my P/L ratio for individual meetings so I can see how I'm doing relative to other meetings. My overall P/L ratio has never interested me, but now that you've mentioned it, it would be interesting to run a query.
Although I don't trade I'm interested you compare meeting by meeting ... wouldn't race type (or maybe even trade type) be more relevant or do you find that the meeting venue can affect the trading pattern more?
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Derek27
Posts: 9319
Joined: Wed Aug 30, 2017 11:44 am
Location: UK

firlandsfarm wrote:
Fri Oct 23, 2020 5:20 am
Derek27 wrote:
Tue Oct 20, 2020 9:15 pm
I calculate my P/L ratio for individual meetings so I can see how I'm doing relative to other meetings. My overall P/L ratio has never interested me, but now that you've mentioned it, it would be interesting to run a query.
Although I don't trade I'm interested you compare meeting by meeting ... wouldn't race type (or maybe even trade type) be more relevant or do you find that the meeting venue can affect the trading pattern more?
Personally, I couldn't distinguish trade types because not every trade is strictly a scalp, swing or otherwise. The market doesn't never behaves exactly the way you're expecting it to after opening a trade so I like a degree of flexibility to change plan.
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