Author Archives: Trademetria

Win rate vs Expectancy: Which is better?

Trading Expectancy vs Trading Win Rate

Beware of traders who say their win rate is x or y% because win rate doesn’t give a complete picture of someone’s trading performance…at all. Win rate is simply the percentage of trades that net gains. On the other hand, expectancy takes into account the average size of gains and losses giving you a better picture of a trader’s performance. In this post, we’ll explain both metrics and why they matter in understanding how good a trading strategy really is.

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Marketech Trading Journal

If you are looking for a trading journal that is compatible with Marketech Australia, look no further! We are happy to announce that our trading journal now supports files from Marketech, one of the best brokers for individual traders. To import your trades, visit the import page and follow the instructions below:

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How to treat trading as a business

Running a trading business is definitely simpler than most businesses out there. No physical location, no employees, no inventory (besides capital) and the sky is really the limit to growth. Because it’s so easy to start, it’s also easy to get sloppy in managing it leading to an early close. The benefits of treating your trading as a business are many, most importantly, you’ll get better results. Does a CEO of a company look at only sales numbers at the end of the day to measure the success of his/her business? No, lot’s of variables are taken into account to know the health of the business and most importantly, how to increase sales. Unfortunately, most traders only care about profits and losses.

In this post, I’ll go over a couple of important aspects of a trading business so that you can treat your trading like one.

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The importance of the trading simulator and how to properly transition to a real account

Trading on a simulator

Among the questions I receive often, the most frequent is: “When do I know when to trade on a real account and risk real money?”

Many people don’t even want to try to practice in the simulator before starting trading a real account, thus risking money they can’t afford to lose, with the illusion that their account will grow. I call this an inconsequential attitude!

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How to manually compute the P&L of your stocks, options and futures trades

How to calculate the pnl of your stocks, options and futures trades

At Trademetria, we process millions of trades a month without a glitch, and believe it or not, when users compare our results to their broker statements, they find some scary broker miscalculations ranging from rounding errors to missing fills leading to a wrong pnl. After seeing data from 150+ brokers, we can safely say we’ve seen it all.

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How to compute your portfolio’s annualized rate of return

Rate of Return

If you’re an investor or trader, chances are that you want to see great returns on your investments. One of the most common ways to measure your returns is through the annualized rate of return (ARR) metric. Simply put, this is the percentage returns of your portfolio over a period of time.

In this blog post, we’ll show you how to calculate your own percentage return using two different methods.

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Webull Trading Journal

If you are looking for a trading journal that is compatible with Webull, look no further! We are happy to announce that our trading journal now supports files from Webull, one of the best brokers for individual traders with zero commission costs. To import your trades, visit the import page and follow the instructions below:

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4 risk metrics every trader should track

When it comes to making money in the markets, risk management is probably the most important factor to long term success. To learn how to make money, you must learn how to stop losing first. Risk is all about controlling your losses. They can’t be prevented, but they can be analyzed and limited.

Here are 4 risk based metrics that even novice traders can track via a simple spreadsheet or a trading journal.

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FTX Trading Journal

If you are looking for a trading journal that is compatible with FTX, look no further! We are happy to announce that our trading journal now supports file uploads as well as auto uploads via API from FTX, one of the best brokers for crypto traders. To import your trades, visit the import page and follow the instructions below:

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