Notional Risk: A Simple Way to Understand Your Short Options Exposure
Managing risk is a cornerstone of successful trading, particularly when it comes to short options strategies. To enhance your…
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Explore in-depth tutorials, educational posts on various trading strategies, and stay up-to-date with the latest tools and features designed to elevate your trading game.
Effortless Options Tracking: How to Leg Out of Spreads in TraderLog
As an options trader, you know that flexibility can be the key to maximizing returns and managing risk. Closing…
Average Trade P/L
Definition Average Trade Profit/Loss is the mean net profit or loss per trade over a specific period. Calculating Average…
Average Daily P/L
Definition Average Daily Profit/Loss is the average net gain or loss per trading day over a specific period. Formula…
Largest Day Loss
Definition Largest Day Loss is the most significant loss incurred in a single trading day. It indicates your maximum…
Largest Day Gain
Definition Largest Day Gain is the highest profit you’ve made in a single trading day. It reflects your peak…
Average DTE (Wins) and Average DTE (Losses)
Definition Average DTE (Wins): The average days till expiration for your winning options trades. Average DTE (Losses): The average…
Average Days Till Expiration
Definition Average Days Till Expiration (DTE) is the average time remaining until your options contracts expire when you enter…
Average Loss Duration
Definition Average Loss Duration is the average time your losing trades remain open. It helps you understand whether you…
How to Edit Trades in TraderLog
Sometimes, you may need to adjust the details of a trade after the fact, whether it’s updating the quantity,…