Simulated trading. All balances and results are fictitious. Simulated results do not reflect real trading.

Course 13 of 14 · included in the Markets subscription

Measuring what you actually did

Your account tells you the result. This tells you whether you have a method or a streak.

What it covers

  1. 01Why profit and loss is the wrong first number
  2. 02Win rate and payoff move together
  3. 03Expectancy
  4. 04R-multiples
  5. 05Drawdown and the arithmetic of recovery
  6. 06What randomness looks like
  7. 07The journal, and what the system already knows
  8. 08The monthly review

What this course does not cover

Placeholder — this list has not been written yet. It is shown so the page is honest about what is missing, not as a description of the course.

  • PLACEHOLDER — instruments and setups this course never recommends
  • PLACEHOLDER — what it does not say about position sizing for real capital
  • PLACEHOLDER — tax, regulation and brokerage, which it does not cover
  • PLACEHOLDER — automation and code, which it does not cover
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