Trading’s a tough gig, right? Between the highs of gains and the lows of losses, there’s a metric that can be your guiding star: the Gain to Pain Ratio (GPR). This isn’t just another fancy term; it’s the litmus test …
Maximum Favorable Excursion (MFE) is the highest potential profit a trade earns before it is closed. Traders can use MFE to evaluate the trading system’s performance and maximize their profit potential by setting optimal take profit targets. The MFE is …
The Maximum Adverse Excursion (MAE) measures the potential loss or distance a trade has moved against you. Traders use the MAE to determine where to place a stop-loss order for their trading system. The MAE methodology is best suited for …
Seeking to extract bigger trading profits? Whether you’re a novice trader or a seasoned vet, mastering profit factor is key. This post explains what profit factor is, how to calculate it, ideal targets, and methods to boost it. It also …