Trading Performance
You cannot improve what you do not measure. This hub covers the metrics that actually matter — expectancy, win rate, profit factor — and the journaling and review process that turns raw trade data into a compounding edge.
Measure Process, Not Just P&L
A losing trade that followed your plan is a good trade. A winning trade that broke every rule is a warning. Profit and loss alone is a noisy, misleading signal in the short run — the traders who improve fastest track plan adherence separately from outcome, and judge their edge over samples large enough to trust.
The guides below build up from a professional journal to the core metrics — expectancy, win rate, and profit factor — and finish with a structured monthly review process designed to protect a funded account over the long term.
Performance Guides
The professional trading journal: what to capture and why
What a professional trading journal records before, during, and after each trade — and why plan adherence matters more than P&L.
Read →Expectancy: the one number that says whether your trading works
Expectancy combines win rate and average win/loss into one number per trade. The formula, worked examples in R, and when to trust it.
Read →Win rate and profit factor: reading the two numbers together
Win rate means nothing without the payoff ratio. How profit factor ties them together, break-even math by R:R, and the hidden risk of high win rates.
Read →The monthly trading review: a structured process for funded traders
A structured monthly review: aggregate stats, plan-adherence rate, best and worst trades, rule violations, and one process change at a time.
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