Blog
Articles
On trading, journaling, and the tools we build at Tradeways.
GlossaryMetricsRisk/reward ratio: set a minimum and check what your exits deliver
The risk/reward ratio compares the distance to your target with the distance to your stop. Set a minimum from your win rate, then check the ratio your closed trades delivered.
7 min read
FundamentalsGlossaryHawkish vs. Dovish: What They Actually Mean
Hawkish means a lean toward tighter money; dovish means a lean toward easier money. See how to label a central-bank statement against the previous one, with the Fed's July and September 2026 statements as a worked example.
5 min read
FundamentalsGlossaryHow to Read a Central Bank Statement
A rate decision is rarely the news. The news is what changed since the last one: the guidance, the votes, the projections, the balance sheet. This is how to read a policy statement the way desks do, by comparison.
6 min read
GlossaryMetricsR-multiple
An R-multiple expresses a trade result as profit or loss measured in units of the initial risk you put at stake when you entered.
3 min read
GlossaryMetricsRealized vs. unrealized P&L: how to reconcile a trade
Separate realized P&L from marked open P&L across open, partially closed, and closed positions, then reconcile gross and net results.
6 min read
GlossaryMetricsBreakeven win rate
The minimum percentage of trades you need to win to break even at a given reward-to-risk ratio, before costs.
3 min read
GlossaryMetricsTrading expectancy: calculate and check your sample
Calculate trading expectancy from a defined set of trades. Work through costs, zero-result trades, and calculator inputs, then save a reproducible journal note.
5 min read
GlossaryMetricsProfit factor: calculate it and check what drives it
Profit factor is gross profit divided by gross loss. Work through an example, decide how fees and breakeven trades count, and test whether one trade drives the ratio.
5 min read
GlossaryMetricsWin rate
Learn how to calculate trading win rate, account for fees and breakeven trades, and interpret it alongside average wins, losses, and expectancy in Tradeways.
3 min read
GlossaryMetricsAverage win / average loss
The payoff ratio: your mean profit per winning trade divided by your mean loss per losing trade, measuring how much winners outsize losers.
3 min read
GlossaryMetricsSharpe ratio: how to calculate it from your daily P&L
The Sharpe ratio divides your average daily result by the standard deviation of your daily results. Calculate it step by step, see why tools disagree on the number, and check how many days stand behind it.
7 min read
GlossaryPosition sizingPosition sizing
Position sizing is deciding how much to trade so each position risks a controlled, predetermined slice of your account.
3 min read