Guides for traders who keep score.
Journaling, analytics, and the metrics that actually improve your P&L — no fluff, no guru nonsense.
How to Calculate Trading Expectancy (With a Worked Example)
Expectancy is the one number that tells you if a strategy makes money long-term. Here's the formula, a worked example, and how to use it to size up or cut a setup.
Read →R-Multiple Explained: Why Traders Think in R, Not Dollars
R-multiple expresses every trade in units of risk, so a small position and a big one compare on equal footing. Here's how R works and why your average R is your edge.
Read →Position Sizing for Prop-Firm Traders (Without Blowing the Drawdown)
Prop firms fail you on drawdown rules, not entries. Here's how to size positions to survive daily loss limits and trailing drawdowns — with the consecutive-loss math.
Read →Beating Tilt, FOMO, and Revenge Trading (What Your Journal Reveals)
Tilt, FOMO, and revenge trading all leave fingerprints in your trade log. Here's how to spot each in the data — and the concrete rules that break them.
Read →What's a Good Win Rate? It Depends on Your Risk-Reward
A 40% win rate can crush and an 80% win rate can bankrupt you — it all hinges on reward-to-risk. Here are the breakeven win rates and how to find your sustainable combo.
Read →How to Keep a Trading Journal: A Step-by-Step Guide for 2026
A practical, no-fluff guide to building a trading journal that actually improves your P&L — what to log, how often, and the review routine that turns data into edge.
Read →9 Trading Journal Metrics That Actually Improve Your P&L
Skip the vanity stats. These nine metrics — expectancy, R-multiple, win rate by setup, and more — are the ones that change how you trade.
Read →How to Review Your Trades: A Weekly Routine That Compounds
Logging trades is data collection; the edge comes from review. Here's a 20-minute weekly routine that turns your journal into one concrete change at a time.
Read →Max Drawdown Explained: The Number That Sizes Your Risk
Max drawdown is the largest peak-to-trough drop in your equity — and it should drive your position sizing. Here's how to read it and plan for the drawdown you haven't had yet.
Read →How to Get Your Trades Into a Journal: CSV vs Broker Auto-Sync
The fastest-dying journals are the ones you fill by hand. Here's how CSV import and broker auto-sync work, their trade-offs, and how to keep your log clean either way.
Read →How to Tag Trades So Your Journal Data Actually Talks
Tags are the single most valuable field in your journal — they're how you rank setups by expectancy. Here's a tagging system that stays simple and answers real questions.
Read →Journaling Options Trades: What to Log for Calls, Puts & Spreads
Options add strikes, expiries, and greeks that a stock journal ignores — and that's where the edge hides. Here's exactly what to log for singles and multi-leg spreads.
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