Means that it is a measure of a traders performance, calculated by dividing the total (#) number of winning trades / profit gains in a given period of time by the total # of trades made as against how many loosing trades and amount of funds lost within that period of time. However, if the six sigma principle is applied then one has to find out the process sigma as to the level of the traders / investors'
performance in a given period of time and trades made. This will also be discussed through the course of these articles.
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- Cost of Trading ?
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