how will i know if i'm a profitable trader

@arthur_wildberry - 7 months ago - Risk Management

Sometimes its hard to keep track of all the trading losses over time and i wonder how to know if i am an overall profitable trader or if i am just making money and losing it back to the market. Please I need to hear from you guys.

@liam_calgary - 7 months ago

For me I check my history on MetaTrader and it shows the net loss made since using that particular trading account. If the profit you see is negative for examle -18,300 it means you have made a total loss of -18,300 on that trading account.

@emma_durban - 7 months ago

You can study your account statement at the end of every month (the broker ususally delivers it to your inbox)

@karbin - 7 months ago

You are winning more than you are losing. And your losses are also more controlled.

You will see a steadily rising equity curve in your account statement. It is hard to not know.

@paul_petit - 6 months ago

You will have consistency, you wont make $10 today then lose $150 tomorrow, your losses will always be around the same figure. Your profits will also be around the same figure but they will ususally be higher than your losses when summed up.