Managing risk is a cornerstone of successful trading, particularly when it comes to short options strategies. To enhance your ability to monitor and assess risk, we’ve introduced the Notional Risk metric to the Key Stats section of your dashboard. This…
Average trade profit/loss is how much money you make or lose on each trade, on average. You get it by adding up all your winning trades and all your losing trades, then dividing that total by the number of trades…
Average Daily Profit/Loss tells you how much money you’re making or losing each day, on average, from your trading. It’s a way to see how your trading is performing day-to-day. Average Daily P/L = Total Net Profit or Loss / Number of Trading Days Example 1: Positive Daily Return…
Largest Day Loss shows you the single biggest amount of money you lost in one trading day. It’s the day where you had the worst trading results. Example How It Can Be Used Limitations Setting daily loss limits May be…
Largest Day Gain shows you the single biggest amount of money you made in one trading day. It’s the day where you had the best trading results. Example How It Can Be Used Limitations Recognizing peak performance May result from…
DTE stands for Days To Expiration. It tells you how many days are left until an options contract expires. What is Average DTE (Wins)? Average DTE (Wins) shows you, on average, how many days were left until expiration on your…
Average Days Till Expiration (Average DTE) tells you, on average, how many days were left until an options contract expired when you first opened your trades. It helps you understand the typical timeframe you start your options trades with. Average…
Average Loss Duration tells you how long, on average, you held onto your losing trades. It helps you understand how much time passed between when you opened a losing trade and when you closed it. Average Loss Duration = Total…
Average Win Duration tells you how long, on average, you held onto your winning trades. It helps you understand how much time passed between when you opened a winning trade and when you closed it. Average Win Duration = Total…
Average Trade Duration indicates the average time you hold trades open. It provides insight into your trading style—whether you’re a day trader, swing trader, or long-term investor. Average Trade Duration = Total Duration of All Trades / Total Number of…