In the quadrant tables, this allows you to choose what gets displayed. For example, in the Sector quadrant, you can choose to hide some sectors to reduce the clutter if you won’t use them.
If the given Sector has a target or an Actual %, it will not allow you to hide it.
In the quadrants themselves, the check box filters what you see to either include or exclude those elements not marked active.
What does the ‘Adjust’ button do?
When entering Target % data, you do not need to be concerned if your total exceeds 100%. Once satisfied with your relative target numbers, the adjust button will perform an allocation that retains the relative percentages while ending up with a total of 100%.
If a given element is marked as ‘Locked’, that target percentage will not be changed. This allows you to force some elements to a fixed percentage while letting the rest float.
We start with the total portfolio value at the beginning of the period, any of week, month, quarter or year.
Any deposits in the period are subtracted from the starting total.
Any withdrawals in the period are added into the starting total.
We then look at the total portfolio value at the end of the period as though all positions had been closed on that day.
This gives an accurate snapshot at the end data moment in time. You will hear many of the charlatans on the web talk about 'at risk profit' or 'net profit' or some other esoteric calculation aimed at making their numbers look good. The only measure is whether you have more or less value in your account at the end of the period. That number, divided by the total portfolio value, is a legitimate calculation of gain. That is what we measure.
How is ‘win rate’ calculated?
Winning trades as a percentage of all trades Number of wins / total trades7.
How is ‘risk reward (R-Multiple)’ calculated?
Giving a measure of how big winners are relative to losers (Cost + Profit) / Cost
What is ‘Expectancy’?
Expected profit or loss on each trade (%wins * avg. win size) - (%losses * avg. loss size)
How is ‘maximum draw down’ calculated?
(Highest value In period – Subsequent low point) / (Highest value In period)
How is ‘profitability’ calculated?
(Profit + Starting Capital) / (Starting Capital)
What is ‘benchmarking’?
Comparing profitability to some index profitability Comparing the individual's trade profitability against the rest of the clients (or client groups)
What is the ‘Initial Risk Reward Ratio (RRR)’?
Potential Reward / Potential Risk at trade initiation
What is ‘churn rate’?
A measure of trade timing; how long between in and out.