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Reading Your Dashboard Metrics
Numbers can be overwhelming. Here's how to focus on the stats that actually help you trade better.
Your dashboard is more than just a list of trades—it's a high-level view of your trading health. Instead of getting bogged down in every decimal point, let's focus on the metrics that provide real insight.
The Big Four
If you only look at four things, make them these:
- Realized PnL: Your actual profit or loss after all fees. This is your bottom line.
- Win Rate: The percentage of trades that finished in the green. (Remember: a high win rate isn't everything if your losers are massive!)
- Profit Factor: A ratio of your total wins vs. total losses. Anything above 1.5 is generally considered a solid, sustainable edge.
- Average Win vs. Average Loss: This shows your "Risk to Reward" in practice. Ideally, your wins should be larger than your losses.
How to use these stats to improve
- Spot your outliers: Look at your "Max Drawdown." If it's larger than you expected, you might be over-leveraged on specific trades.
- Review by Session: Are you consistently losing money during the London open but crushing the New York session? Your dashboard helps you see where you are most focused.
- Compare and Contrast: Use the date filters to compare this month against last month. Are your metrics trending up, or is a specific mistake starting to creep back in?
Pro Tip: Your dashboard updates live as you sync. If you've just closed a big winner, hit Sync Now to see how it shifts your overall profit factor!
