Workshop recording: Mastering the Metrics that Matter in Trading

Published on: August 28, 2024

Are you tired of focusing on the wrong metrics in your trading journey? Do you wonder how professional traders consistently outperform the market despite seemingly low win rates? Our recent workshop with Richard Bailey from Axia Futures was AMAZING! He revealed game-changing insights that could revolutionize your approach to trading.

Watch the full replay now:

Here’s why you need to watch the full replay:

1. The Win Rate Myth Debunked – Discover why your trade-by-trade win rate might be holding you back. Learn how top traders focus on winning days instead of individual trades, and why this shift in perspective can lead to consistent profitability.
2. The Trader’s Journey: From Novice to Pro

Follow the fascinating progression of a trader’s performance metrics:

1. Year 1: ~35% winning days (Yes, losing more than winning is normal at first!)
2. Years 2-3: ~48% winning days
3. Established (3+ years): 55%+ winning days

Understand what changes at each stage and how you can accelerate your own progress:

1. Capitalizing on High-Impact Events – Uncover the secrets of trading during events like Fed announcements. Richard breaks down a real Gold trade that demonstrates how to profit from increased volume without directly trading the news.
2. The Monthly Profit Paradox – Be prepared to have your mind blown when you see how a month’s profit can come from just a handful of trades. This revelation will change how you approach each trading day.
3. Relative Performance: A New Perspective Gain a fresh understanding of risk management. It’s not about making your losses smaller in absolute terms, but relative to your winning trades. This subtle shift in thinking can dramatically improve your results.
4. Beyond the Usual Suspects Discover why your most profitable trades might come from markets you trade less frequently. Richard shares insights on finding unique opportunities in less crowded spaces.
5. The Gold Breakout Case Study Watch as Richard breaks down a highly profitable Gold trade step-by-step. See how clear targets, an understanding of market dynamics, and proper trade management led to outstanding results.
6. Leveraging Trading Statistics. Learn how to use your trading data to gain a competitive edge. Richard demonstrates how Axia traders analyze their performance to continually refine their strategies.
7. Q&A Session Benefit from the questions asked by other traders. Often, the most valuable insights come from these real-world queries.

Remember, knowledge is power in trading, but only when applied. 
Take notes, reflect on your own metrics, and start implementing these strategies in your trading immediately.