The following is an image of a trader’s winners vs Losers analysis on an hourly basis.
The traders has a track record of 50% win rate at 10 am which is London Open
but 70% Losers during the 1600 hrs which is US Session.
The BIG QUESTION IS
What time should this trader be trading?
This trader trades the DAX30 / German 30 Stock Index at the London Open and Later he trades US30 / DJIA / Dow30 during the US Session.
Now Let’s Compare to that, the following.
This is an image of a trader’s performance by the hour. She trades the DAX30 only. Mostly during the first hour of the London Session.
Look at the Stats on the screenshot and then Question …
Does this trader even need to trade past the first hour of the London Session?
Have you ever done an analysis of your performance like this?