Strike rate

[xdg99667]

Hi all,

I'll admit to being firmly in the learning range, so please excuse me if this seems a simple question.

When calculating your strike rate, do you look at calculating it based on your number of trades (whether a total per market or individually) or do you calculate based on the p/l?

Thanks

Gary

[Cran]

I do per market, from the P&L

[xdg99667]

I do per market, from the P&L

Thanks Cran, just to confirm that say if you placed three trades on a market, and two of them won.

you would have an effective strike rate for the market of 66%.

[Cran]

If I traded 10 markets and my P&L is green on 8 and red on 2 then I'd say my hit rate was 8/10

I don't try and work it out by every trade, only by race/market.