Blog
Articles
On trading, journaling, and the tools we build at Tradeways.
Maximum Continuation Excursion (MCE)
What did the market do after you closed? MCE measures the move you missed — and reveals whether your exit was on time or premature.
MetricsRiskMaximum Adverse Excursion (MAE)
The worst unrealized loss a trade survived — and what your MAE distribution says about whether stops are doing real work.
3 min read
MetricsPlaybookMaximum Favorable Excursion (MFE)
The best unrealized profit a trade reached before you closed it — and what the gap to realized P&L tells you about exits.
4 min read
MetricsFundamentalsReading MFE, MAE, and MCE
Three numbers describe every closed trade: the best it got, the worst it threatened, and what it did after you exited. Together they tell you whether your exit was structural or lucky.
3 min read
RiskPosition sizingRisk of ruin
The portfolio-level survival metric: the probability your account hits a defined drawdown threshold before your edge has time to play out.
6 min read
JournalingPlaybookTrading journal fields that actually get reviewed
The fields that survive contact with a real trading week, and the ones that quietly kill journals after fifteen sessions.
5 min read
PlaybookFundamentalsMarket phases as the pre-trade filter
The same setup wins in one regime and loses in another. Classify the regime before the trade, not after.
5 min read