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kylecw2
kylecw2 Oct 19, 19 3:58 PM

@MichaelPuett I agree the median is useful in that sense. In the part 2 version of this video I talk about finding outliers like a 300% winner in your example. So all a matter of preference, I'd rather use average percent and then take note the outliers if I see any. For #2 if you mean average PERCENT gain being smaller because of position size then yea that is true but in if you mean just dollar gain smaller than dollar loss that doesn't seem possible considering the size of your gain or loss i

kylecw2
kylecw2 Oct 19, 19 4:00 PM

is correlated to the position size you take.

Crazey_Canuck
Crazey_Canuck Feb 07, 7:31 PM

Thanks Kyle I understand what you are saying here I have know idea on creating spreadsheets very simple guy that been in construction working for a very long time. So much to learn I can get overwhelmed sometimes very easily. However I got to keep the big picture in view. Thanks again very grateful. Peace Out

Crazey_Canuck
Crazey_Canuck Feb 07, 7:32 PM

And my grammar is not the best LMAO I meant to say I have NO idea not Know idea anyways Peace out

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HIMMENY
HIMMENY Feb 10, 6:05 PM

Great video and great breakdown, come back to this every so often to refresh, very well explained Thanks!

VanDeStadt
1
VanDeStadt Feb 17, 2:10 PM

For what it's worth if you're a TOS user: You can edit the Fibonacci Retracements drawing to quickly chart the 50% line like Jack does here. Here's how: Dawings>Fib Retracement (looks like %)>first mark the bottom where the first breakout starts>Mark the top of the peak. This will draw several %ages. Right Click this new drawing>edit properties> Only check the 0%, 50% boxes>Check the other box closest to 1.0 and edit the number to equal 1.0>change the colors of the lines to be the same. Voil

Aquazul
Aquazul Mar 01, 12:39 AM

This is a very informative breakdown on risk / reward, reasons for use and how to implement it. Thanks Jack.

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