Understanding Your Trading Stats

At MeetPips.com, you can track and analyze your trading performance based the trades entered into your trading journal.

To see your stats, go to your homepage and click on the “Strategy and Stats” link under your profile picture. On your profile page, click on the “Statistics” tab above your trade plan to see your “stats.”

We have organized your trading behavior and performance data into several statistical categories:

-Total Pips: Your total gain or loss in pips in a given time frame.
-Win Percentage (%): The percentage of trades that are closed and recorded as winning trades.
-Trade Count: This stat shows the number of winning trades, losing trades, and breakeven trades.
-Pips Performance: This stat shows the average pip gains or losses and the “expectancy” (expected pip gain per trade).

Advanced Stats:

-Time Holding: Shows the average holding time for all trades.
-Average Time Holding Winning Trades versus Losers
-P/L of Long Trades: Total profit or loss of all long trades.
-P/L of Short Trades: Total profit or loss of all short trades.

You can also filter your stats by time frame with the “drop down” box above the win percentage stat.

With these stats you can analyze different aspects of your trading performance and see what you can improve on (i.e. increase win percentage, shorten holding time, stick to long only trades, etc.).