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Tracking Additional Trade Metrics π‘
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Tracking additional trade metrics particularly risk-reward metrics.
How do we adjust our trading system to make it more profitable?
This is one for more advanced traders. It assumes you have a trading strategy and trading plan and you're already reasonably disciplined. You are just trying to make those incremental improvements that we know all add up to significant improvements at the end of the year. OK. Redoing.
R-Multiple - Profit in terms of Risk
Say, I'm risking a 100 pips and I have a target that is 500 Pips away , then that trade if I hit my target is a 5R trade
Maximum R during - how far does the trade move in our favour while we're in it. This is also maximum favourable excursion
Maximum R after - if we had a trade that we came out and after this thing would run on...
R Multiple for missed trades.
How do we adjust our trading system to make it more profitable?
Related Videos
Maximum Favorable Excursion: Measurement of Potential in Trading Strategy ππ
https://www.youtube.com/watch?v=oWoFnj69eD0Why do Pro Traders Define Risk in Terms of R? π€
https://www.youtube.com/watch?v=fU0DF23loH4How to Measure & Improve Your Trading Performance π
https://www.youtube.com/watch?v=k_H91xxAHbI5 Things You Must Have In Your Trading Journal ππ
https://www.youtube.com/watch?v=couYU5I9fOUTrading Diary: Different Ways to Journal your Trades π
https://www.youtube.com/watch?v=F-6g26SpIIsTracking Additional Trade Metrics to Improve Trading Performance π
https://www.youtube.com/watch?v=ku6slcFtpOcThe Trading Journal Do's and Don'ts: Don't Sabotage Your Trading Success! ππ
https://www.youtube.com/watch?v=gUEjmLRwEWgAbout the Site π
This site provides links to random videos hosted at YouTube, with the emphasis on random. π₯
Origins of the Idea π±
The original idea for this site stemmed from the need to benchmark the popularity of a video against the general population of YouTube videos. π§
Challenges Faced π€
Obtaining a large sample of videos was crucial for accurate ranking, but YouTube lacks a direct method to gather random video IDs.
Even searching for random strings on YouTube doesn't yield truly random results, complicating the process further. π
Creating Truly Random Links π οΈ
The YouTube API offers additional functions enabling the discovery of more random videos. Through inventive techniques and a touch of space-time manipulation, we've achieved a process yielding nearly 100% random links to YouTube videos.
About YouTube πΊ
YouTube, an American video-sharing website based in San Bruno, California, offers a diverse range of user-generated and corporate media content. π
Content and Users π΅
Users can upload, view, rate, share, and comment on videos, with content spanning video clips, music videos, live streams, and more.
While most content is uploaded by individuals, media corporations like CBS and the BBC also contribute. Unregistered users can watch videos, while registered users enjoy additional privileges such as uploading unlimited videos and adding comments.
Monetization and Impact π€
YouTube and creators earn revenue through Google AdSense, with most videos free to view. Premium channels and subscription services like YouTube Music and YouTube Premium offer ad-free streaming.
As of February 2017, over 400 hours of content were uploaded to YouTube every minute, with the site ranking as the second-most popular globally. By May 2019, this figure exceeded 500 hours per minute. π
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