FX · FX process and review · lesson 5 of 9 · 9 min read · David Alexander
Reading your own statistics
journal statistics
The figures a journal produces are the same ones module 6 used to evaluate a strategy: count, win rate, average win and loss, expectancy, total and maximum drawdown. Read together they describe a setup; read singly they mislead. The win rate is the number most likely to be quoted and the least informative on its own.
This lesson is part of the advanced modules.
Modules 6 to 8 are included with a paid account. The definitional summary above is the whole of this page until then.