Maximize Your Strategy Profitability: Using Maximum Adverse Excursion for Better Stop Loss Placement

How to Effectively Analyse Your Trades

Much of the power we seek externally actually lies within us.

• The beginner trader searching for the perfect strategy.

• The trader obsessively scrolling social media for advice, hoping it will transform their results.

• The trader fixated on other’s trading routine without considering what works best for him.

The irony?

Eventually, every trader realizes that the best advice comes from within:

• Your own journals

• Your own experience

• Your own strengths and traits

The highest quality feedback comes from getting to know yourself through the process.

In trading, most of the time your energy is best spent looking inward and refining the tools you already have — your strategy and yourself as a trader.

For more time you spend on execution and even journaling, if you don’t know how to make the most out of the trades analysis process, then you’re missing out on big improvements and gains.

This edition is part of a series designed to help you refine your strategy. My goal is to clarify the exact steps you need to take to maximize the trade analysis process.

Let’s talk about the power of the metric MAE (Maximum Adverse Excursion) in today’s post. Please feel free to suggest metrics and topics in the comments section. I’d be delighted to hear from you.