Blog
Articles
On trading, journaling, and the tools we build at Tradeways.
MetricsSortino ratio: how to calculate it from your daily P&L
The Sortino ratio divides your average daily result by the downside deviation of your losing days. Calculate it step by step, see why tools disagree on the number, and read it next to the Sharpe ratio.
7 min read
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
JournalingMetricsHow to build a Notion trading journal
Build a Notion trading journal with linked trades and weekly reviews. Follow a worked example, set up a trade-count rollup, and check your records.
6 min read
RiskMetricsMonte Carlo simulation for trading results
Learn how projection and reshuffle simulations turn your trade history into fan charts, drawdown ranges, and testable risk questions.
6 min read
JournalingMetricsHow to build an Excel trading journal
Build an Excel trading journal with a stable trade table, review fields, checks, and clear criteria for moving to dedicated software.
8 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