3 KPIs Every Trader Should Monitor!
#kpi Measure What You Manage I like clarity and minimalism. I don't use a lot of performance indicators to evaluate my trading system.
Instead, I try to reduce to the maximum,
Here are the top 3 indicators I use regularly:⃣
1 ROI: Obviously, the most important indicator. If I could only choose one performance indicator, I would choose this one. It will ultimately tell you if your strategy is working.
2 Win Rate: I am obsessed with backtesting. It provides certainty. Therefore, historical win rates are crucial to my trading system.
3⃣ Risk/Reward Ratio: Crypto trading is about managing risk. I only accept trades with a reserve requirement ratio of at least 1:3. However, this is not a fixed ratio. I adjust it based on the market and current situation.
Which KPIs would you add!
抱拳去暖佳魏:LSTT0113