I recently bought a third party Excel spreadsheet that analyzes trading performance metrics.
I’m not allowed to share the actual file but the developer allows screenshots of the file.
The developer has sold thousands of his analytics worldwide. This is what he said of my performance…
“Although I’ve seen some really great performance, on average, the numbers that I generally see are not nearly as good as yours.”
Evidently, my 35 year trading research journey has not been in vain. I knew it was pretty good but this was a nice affirmation.
Here is the link to the developers web site…https://trading-journal-spreadsheet.com
I think I paid about $100 for the software…well worth it.
POSITION SIZING
As most of you know, I don’t comment on position sizing as we all have different risk tolerances.
I tend to overweight ETF’s vs individual stocks. I’m 65 years old so I don’t want too much individual stock risk. If I were 35 I would be more aggressive.
Please note… All trade recommendation position size on this Excel trade sheet analysis are virtually the same…about $10,000 entry. It includes every trade recommendation I have made since we went live six years ago.
Trade Smart,
Don