Stats, and what you consider break even

[rvansomeren 2]

Just logging all my activity in a journal and when it comes to your stats what does everyone consider break even?  If you lose only $20 do you consider that a loss?  At the same time if you win $20 do you consider that a win?  Right now I am using $50 win or loss as my break even point.  Curious to everyone thinks about this.

 

Thanks

 

Ron

[Abiel 473]

Hi... I record every trade in a xls log and every net profit (considering commisions) and loss + commisions reflects in my "capital" (simulator)...

[Robert H 450]

Ron, I consider break-even a loss since I track my P&L before commissions on individual trades.

 

Anything over break-even is a win in my books (even $1).

[rvansomeren 2]

Ok thanks!

 

 

[Dima 10]

If you're risking $50 on a trade, making $50 on a trade is a fine result. I'd say to use some significant fraction of your risk on a trade to decide what constitutes a scratch/break-even versus a winner/loser.