The question of an edge | Traders Hideout


futures.io - futures trading strategies, market news, trading charts and platforms


Traders Hideout


Discuss day trading practices and futures trading strategies on this forum for all markets. This forum is also for discussing and reviews for brokers, data feeds, and commercial or third party add-ons




 

The question of an edge

  #40 (permalink)

Legendary Guesser
Reading UK
 
Trading Experience: None
Platform: Custom
Broker/Data: Interactive Brokers
Favorite Futures: My 3 boys
 
Grantx's Avatar
 
Posts: 1,628 since Oct 2016
Thanks: 2,259 given, 4,289 received


kevinkdog View Post

Expectancy = Average Trade


(Van Tharp also has an expectancy I call "Tharp Expectancy" = avg trade/avg losing trade)

Would you mind explaining the best way of calculating expectancy? avg trade/avg losing trade doesnt factor in how much was risked per trade and according to The Van Tharpe website this needs to be part of the calculation.

Van Tharpe expectancy

TIA.

Visit my futures io Trade Journal Reply With Quote