EXPECTANCY is a formula you use to determine how reliable your system is.
You should measure all your trades that were winners versus losers, then determine how PROFITABLE your winning trades were versus how much your losing trades lost.
💬Introduction :
Today we are comparing the Dow Jones, NASDAQ, and the S&P by their annual performance to show how our open source indicator "Alpha Performance of Period" (PoP) can be used and why the results are useful. We will also look at other markets later in the writeup to see how they compare and to get a sense of which markets provide the best...