November Trading Update

With a couple of days left in the month of November, I'm up 1.9%.  My expectancy is negative though and I've lost more pips than gained.  Pips matter but just because I'm at a negative doesn't mean I'm at a loss.  This is due to the fact that I normally size my positions so that I risk anywhere from .5% – 2% of my account balance.  What I'm not so sure about is whether my expectancy calculation is correct.  My expectancy stands at -.14.  This would mean that I will lose money trading.  It's a lot easier calculating my percentage gain based on where my account balance is now compared to where it was when I started.  For this reason, I know I'm up 1.9%. We'll see where my expectancy goes as my trading continues. 

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