Creating Trading Strategies

A well-defined trading strategy is the foundation of consistent trading. TradeLogist helps you document, test, and refine your strategies over time.

What is a Strategy?

A trading strategy is a systematic approach to entering and exiting trades. It includes:

Entry Rules: Conditions that must be met to enter a trade
Exit Rules: When to take profits or cut losses
Position Sizing: How much to risk per trade
Time Frames: Which chart intervals you trade

Creating Your First Strategy

Navigate to Strategies

Go to Dashboard > Strategies
Click + New Strategy
Fill in the strategy details

Strategy Details

Field	Description	Example
Name	Unique identifier	"VWAP Bounce"
Description	Brief overview	"Long entries off VWAP support"
Type	Trading style	Day Trade, Swing, Scalp
Markets	Where you apply it	Stocks, Forex, Crypto

Entry Rules

Document your specific entry criteria:

Example Entry Rules:
1. Price pulls back to VWAP
2. RSI below 30 (oversold)
3. Volume increasing
4. Market trend is bullish (SPY green)

Exit Rules

Define both profit targets and stop losses:

Example Exit Rules:
- Target 1: 1R (move stop to breakeven)
- Target 2: 2R (trail stop)
- Stop Loss: Below VWAP or previous low
- Time Stop: Close before 3:30 PM

Strategy Categories

Organize strategies by trading style:

Day Trading Strategies

Execute within market hours
Focus on intraday price action
Typically higher frequency

Swing Trading Strategies

Hold for days to weeks
Based on daily/weekly charts
Lower frequency, larger moves

Position Trading Strategies

Hold for weeks to months
Focus on fundamentals + technicals
Lowest frequency

Linking Trades to Strategies

When entering a trade, select the strategy you're using:

Open the trade entry form
Find the Strategy dropdown
Select the appropriate strategy
Your trade is now linked for analytics

Strategy Metrics

TradeLogist tracks performance for each strategy:

Win Rate: Percentage of profitable trades
Profit Factor: Ratio of gross profit to gross loss
Average R: Average return in risk units
Expectancy: Expected profit per trade
Trade Count: Number of trades taken

Best Practices

Keep It Simple: Start with 1-2 well-defined strategies
Document Everything: Write down every rule clearly
Test Before Trading: Paper trade or backtest first
Review Regularly: Monthly strategy reviews
Iterate: Refine based on data, not emotions

Strategy Templates

TradeLogist includes templates for common strategies:

Breakout Trading: Trade new highs/lows
Mean Reversion: Fade extreme moves
Trend Following: Trade with momentum
Gap Trading: Trade opening gaps

Next Steps

Strategy Performance - Analyze strategy results
Trading Psychology - Master your mindset
Key Metrics - Understand the numbers