Our mentor is advised to rest his eyes due to a corneal scratch. I am standing in as acting moderator today.
As those who have attended his courses will know, he places great importance on Expectancy Returns.
I have a post on this topic of PE at my website which you are free to read:
Today Scott is sharing tips on how to get the most out of your trades by showing you how to discern high expectancy trades from low expectancy trades.
Here is the formula:
Profit Expectancy (PE) = (probability of winning trade * average size of winner) – (probability of losing trade * average size of loss)