Normal
Lol. Put 5 traders in a room, ask a simple question and get 10 different answers.ST, calculate it in whatever way is meaningful and significant for you, but only compare apples with apples ie. compare your returns to say, some hedge fund, only if you're using the same measures.I use a number of different ways depending on what and why I'm assessing certain stats.But at the end of the day what's important is maintaining consistency in how and why you measure a given way so that you can track excessive drawdown/growth etc to keep an eye on appropriate risk levels, strategy outcomes and potentially detrimental variance. ie. you could be losing touch with the market and need to pull back, reassess and refocus.Ps. Well done as usual, TH.
Lol. Put 5 traders in a room, ask a simple question and get 10 different answers.
ST, calculate it in whatever way is meaningful and significant for you, but only compare apples with apples ie. compare your returns to say, some hedge fund, only if you're using the same measures.
I use a number of different ways depending on what and why I'm assessing certain stats.
But at the end of the day what's important is maintaining consistency in how and why you measure a given way so that you can track excessive drawdown/growth etc to keep an eye on appropriate risk levels, strategy outcomes and potentially detrimental variance. ie. you could be losing touch with the market and need to pull back, reassess and refocus.
Ps. Well done as usual, TH.
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