Practical writing on trading journals, risk, and the habits that separate consistent traders from the rest.
Position size determines whether a losing streak is survivable or account-ending. Here is the actual formula, worked examples across futures, forex, stocks and crypto, and the mistakes that quietly break it.
Win rate is the first stat every trader checks, and one of the least reliable on its own. Here is the break-even win rate formula, why a high win rate can still lose money, and what to track alongside it.
P&L, win rate, and trade count feel like the obvious things to log — and they are also the least useful for figuring out whether your trading is actually improving. Here is what a trading journal should measure instead.
A green account can hide a broken process, and a red one can hide a good strategy. Here is why PnL is the wrong primary metric, and what to track instead to actually know if your trading is working.
A strategy alone doesn't pass a prop firm challenge. Here's how to build a complete trading plan — risk rules, daily loss limits, entry and exit rules, and a system for tracking whether you actually followed them.
Knowing your rules and following them are two different skills. Here is why traders violate plans they believe in, and how to build a process that makes discipline measurable instead of aspirational.
Traders spend years hunting for a better entry signal when the real leak is somewhere else entirely. Here is why journaling fixes more P&L than any indicator, and what to actually record.
Profit factor is gross profit divided by gross loss. Here is how to calculate it, what range is realistic, and why a very high number is usually a warning sign.
R-multiple measures profit in units of risk instead of dollars. Here is how to calculate it, why it makes trades comparable across markets, and the mistake that quietly ruins the number.
Most trading journals collect data nobody reviews. Here are the fields that change behaviour, the ones that waste your time, and how to review them in ten minutes a week.