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Options Trading by Ann Logue

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CHAPTER19

Evaluating Performance

In This Chapter

  • Pretrade testing
  • Planning the trade
  • Midtrading tracking
  • Post-trade evaluation

At some point, a friend or family member is going to ask how you are doing, and as a matter of fact, it’s an important question you ought to be asking yourself independent of your nosy relatives. Are you some sort of financial genius, or should you fall back on the age-old advice, “Don’t quit your day job”? Basically, you need some sort of metric to judge how much money you are making, and how that stacks up relative to the time, money, effort, and sleepless nights you have invested in your strategy.

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