How do you measure a month of trading?

The month-end review turns a blur of trades into numbers. The useful metrics aren't just profit: win rate, average win versus loss, biggest drawdown, number of trades, and how many followed the plan.

How do you measure a month of trading? — risk-reward diagram
A risk-reward ratio of 1 to 2

What do you look at?

  • your monthly metrics
  • how you decide whether the month was actually good
  • what you change based on the review
How do you measure a month of trading? — drawdown and recovery diagram
An equity curve during a drawdown and its recovery

The journal guide and expectancy guide define the metrics.

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