Strategy Comparison
Comparing Your Trading Strategies
Learn how to analyze and compare different strategies to optimize your trading.
Setting Up Strategies
Before comparing, ensure you've:
- Created strategies in Settings → Strategies
- Tagged all trades with appropriate strategies
- Accumulated enough data (30+ trades per strategy)
Comparison Metrics
When comparing strategies, look at:
| Metric | What to Compare |
|---|---|
| Win Rate | Which wins more often |
| Profit Factor | Which is more profitable per dollar risked |
| Avg P/L | Which makes more per trade |
| Max Drawdown | Which is less risky |
| Trade Count | Which has more opportunities |
Accessing Strategy Reports
- Go to Dashboard → Analytics
- Select Strategy Breakdown
- Choose date range for comparison
Interpreting Results
Example Comparison
| Strategy | Win Rate | Profit Factor | Avg Trade |
|---|---|---|---|
| Momentum | 45% | 2.1 | $85 |
| Mean Reversion | 65% | 1.3 | $42 |
| Breakout | 38% | 2.8 | $120 |
Analysis:
- Momentum: Moderate win rate, good R-multiple
- Mean Reversion: High win rate, smaller wins
- Breakout: Lower win rate, biggest winners
Making Decisions
Keep a Strategy If:
- Positive expectancy over 50+ trades
- Drawdowns within your tolerance
- You can execute it consistently
Modify a Strategy If:
- Profitable but inconsistent
- Win rate or profit factor declining
- Market conditions changing
Drop a Strategy If:
- Negative expectancy over 50+ trades
- Drawdowns exceed tolerance
- Unable to execute properly
Time-Based Analysis
Compare strategies across:
- Different market conditions (bull/bear)
- Time periods (morning vs afternoon)
- Days of week