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Lets talk about Metrics
Metrics are one of the most academic topics about trading systems & there are so many of them that I find it difficult to know which one is more appropriate to evaluate a specific system, its really quite frustrating for me.

A good metric
A good metric is your trading account balance. I wanted to stress that I said 'Trading Account Balance', not your 'Bank Account Balance', they are not the same & you need to understand this very import point.

Portfolio protection
My thinking was leading me down the path of protecting my portfolio whereas I should concentrate & focus my energies on improving what I have. One peculiar thing I noted in my test results is that a good part of the gains comes from a few stocks that move a lot but that's how a trend following strategy works.

Skate.

<blockquote data-quote="Skate" data-source="post: 1013044" data-attributes="member: 57364">Lets talk about MetricsMetrics are one of the most academic topics about trading systems &amp; there are so many of them that I find it difficult to know which one is more appropriate to evaluate a specific system, its really quite frustrating for me. A good metricA good metric is your trading account balance. I wanted to stress that I said &#039;Trading Account Balance&#039;, not your &#039;Bank Account Balance&#039;, they are not the same &amp; you need to understand this very import point.Portfolio protectionMy thinking was leading me down the path of protecting my portfolio whereas I should concentrate &amp; focus my energies on improving what I have. One peculiar thing I noted in my test results is that a good part of the gains comes from a few stocks that move a lot but that&#039;s how a trend following strategy works.Skate.</blockquote>

[QUOTE="Skate, post: 1013044, member: 57364"] [B]Lets talk about Metrics[/B] Metrics are one of the most academic topics about trading systems & there are so many of them that I find it difficult to know which one is more appropriate to evaluate a specific system, its really quite frustrating for me. [B]A good metric[/B] A good metric is your trading account balance. I wanted to stress that I said 'Trading Account Balance', not your 'Bank Account Balance', they are not the same & you need to understand this very import point. [B]Portfolio protection[/B] My thinking was leading me down the path of protecting my portfolio whereas I should concentrate & focus my energies on improving what I have. One peculiar thing I noted in my test results is that a good part of the gains comes from a few stocks that move a lot but that's how a trend following strategy works. Skate. [/QUOTE]

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