What is a Good Mack Mark %?
Posted: Wed Jul 12, 2023 1:44 am
Hey Eric,
You mentioned comparing the trades taken to Mack's markings to create a percentage not based on how many wins you got but how many matched with Mack's chart. I'm currently doing a month of bar by bar trading doing just that. I've averaged 43% of trades taken matching with Mack over 36 sessions so far. That got me thinking: what do you think is actually a good goal to have here? Obviously 100% would be ideal but I guess I'm just curious what do you think is a realistic goal? Before I return to live trading I'd really like it to be above 50% at least, but maybe that isn't even high enough.
Thanks in advance,
Drew
You mentioned comparing the trades taken to Mack's markings to create a percentage not based on how many wins you got but how many matched with Mack's chart. I'm currently doing a month of bar by bar trading doing just that. I've averaged 43% of trades taken matching with Mack over 36 sessions so far. That got me thinking: what do you think is actually a good goal to have here? Obviously 100% would be ideal but I guess I'm just curious what do you think is a realistic goal? Before I return to live trading I'd really like it to be above 50% at least, but maybe that isn't even high enough.
Thanks in advance,
Drew