Someone was trying to sell a course that scalps for 3 ticks on the ES with a 5 tick stop loss. Then someone asked "what's your win rate?" and he said "about 80%." So how much money do you think you could make if that win rate is achievable? Does that include commissions and taxes?
Use this spreadsheet to find out the answer to this and the profitability of other profit target/stop loss/win rate scenarios. Of course this does not include draw down or any Monte Carlo scenarios but this is useful for quick math situations.
Category Educational
|
|
|
