This a section of a sample analysis report. To get your own full comprehensive report, for free, email us below now
*Sample Report*
In the competitive world of trading, traders are always looking for a new edge that will push them into the winning cohort and maximize their success. Your Unique Trading Edge is an analysis of your trading behaviour, and shows you how accelerate your path to profitability, and keep you in the trading journey for longer.
Your analysis will let you make trades with conviction, based on your unique strengths and weaknesses, by:
Showing you where your strengths and weaknesses lie
Letting you set your goals and measure against them
Giving you a clear path to profitability
1. Scorecard
Your scorecard represents your trading at a glance.
Performance: You having a performance rate of 5%. This is your historical trading returns based on how much money you make or lose for every unit of currency risked.
Win Rate: 65% of your trades are winning trades.
Risk Reward: The ratio between the size of your average winning trade compared to the size of your average losing trade is 0.61.
Disposition: You are spending 1.1 minute in a winning trade for every 1 minute spent in a losing trade.
Because you gave us a target performance rate of 10%, we calculated a target Win Rate, Risk Reward, and Disposition to help reach that goal. You have hit your target rate for Risk Reward and Disposition, which is why the circles are green. You fell short on your Win Rate, and we recommend you begin by focusing on improving this.
4. Path to profitability
Paths to Profitability examines, for any given time period, where you make and lose the most money. It determines your biggest strengths and your more expensive weaknesses.
Your path to profitability shows a number of significant strengths and weaknesses. For example, trading long is profitable, and trading short is not.
Your worst habit is your first trades of the day. Here we can see that the first trades of the day over the course of one year, lost you over $250,000 while the remaining trades made you a profit of €439,000.
This chart will isolate your biggest strength as well as your most expensive weakness, and help you to prioritize where you can start to improve.
6.2 Strategy edges: Long/short
You have a clear strength when you trade long, and a clear weakness when you trade short. Trading short loses you money, but you trade in both long and short almost equally.
If every trade was long, you would have an extra $50,000 in profits. It is costing you money when you trade short.
It is quite usual for traders to have different comfort levels trading long versus trading short. 41% of traders show an edge trading long versus short.
7.2 Timing Edges: Day of the week
You have a clear weakness trading on a Sunday. You don’t trade often on this day, but when you do it is costing you money. We all have our good days and our bad days. 77% of our traders show an edge on at least one day of the week.
You are trading the Asian open to get a head start on his trading week, but it’s not being successful. Consider trading smaller size while you explore the reasons for this performance.
Think about what you do differently on a Sunday. Is it the late time of day? What environment are you trading in? Did you have a long Sunday lunch with alcohol earlier in the day, that might be interfering with your focus, or maybe the Asian open is
something you don’t do any other day of the week, and you need to spend more time understanding the market mechanics.
8.1 Psychological edges: First trade of the day
You have a clear weakness in your first trade of the day. You’re not alone-over a third of traders have an edge here.
Examine your emotions at the start of the trading day. If you can’t wait to jump into the markets as soon as they open, you’re more likely to suffer from greed based trading, and will underperform on your first trade of the day.
We recommend trading a small size for your first trade of the day, as you identify your emotions around this time.
*END OF SAMPLE REPORT*
This a section of a sample analysis report. To get your own full comprehensive report, for free, email us below now.