Tracking Your 98-Day Cumulative PnL: Why It Matters
Monitoring your 98-day cumulative Profit and Loss (PnL) can give you deep insights into your trading habits and long-term performance. Unlike short-term tracking, a 98-day period shows consistency, patterns, and areas for improvement.
Why Track 98 Days?
Better Overview: A longer timeframe smooths out short-term volatility.
Strategy Testing: It helps you evaluate whether your strategy is working in the long run.
Risk Management: You can identify losses and adjust risk levels accordingly.
How to Track It:
1. Log Daily PnL: Keep a simple record of each day's profit or loss.
2. Use Tools: Many platforms or Excel sheets can help calculate cumulative results.
3. Analyze Trends: After 98 days, review your progress—what worked, what didn’t, and what needs to change.
Final Thought:
Tracking your 98-day cumulative PnL is not just about numbers—it’s about learning, adapting, and becoming a smarter trader.