This article talks about the web-based (browser-based) edition of the Warrior Trading Simulator. Users of the downloadable, desktop-based platform should refer to this folder instead.
Simulator Metrics
Simulator metrics provide up to 6 months of data generating helpful insights into trading patterns, tendencies, and opportunities. Armed with insights, a trader can adjust their trading plan to better align with more profitable trades and avoid those that tend to drive losses. This is a highly personalized journey and access to your data is a big step towards understanding how you trade and how you can find ways to be more profitable.
There are three main areas covered in metrics:
- Daily Performance - Popular calendar view displaying Profit/Loss for each day traded.
- Your Aptitudes - Reviews Profit/Loss against fundamental parameters, like Price, Time of Day, Opening Gap, Volume and Relative Volume.
- Profit Trifecta - Displays an overall score calculated from three key areas: Consistency, Trade Win Percentage, and Profit/Loss Ratio.
Access Performance Metrics from the left-hand vertical navigation bar in Day Trade Dash (see below):
TABLE OF CONTENTS
Daily Performance
A popular snapshot of Profit/Loss for each day traded. The Daily Performance helps to identify trends and areas of weakness, like smaller green days followed by fewer but larger red days.
Capabilities:
- Adjust the Date Range to the current month or a max of the past 6 months of trading data.
- Hide the Daily P&L if you wish to see just the weekly net totals.
Your Aptitudes
Explore important metrics, like:
- P&L Ratio
- % of Success
- Average Winning/Losing Trade
- Average Winning/Losing Hold Time
- Largest Gain/Loss
- Identify areas of trading strength and weakness:
- Profitability by Price
- Profitability by Time of Day
- Profitability by Instrument/Ticker Opening Gap; gap based upon market opening
- Profitability by Instrument/Ticker Volume
- Profitability by Instrument/Ticker Relative Volume - see: Relative Volume Definition: Day Trading Terminology
- Duration: All, Today, Year To Today, Specific Date Range
Profit Trifecta
The following illustration explains the Profit Trifecta Score (see: Warrior Trading Profit Trifecta)
And here is the display in the Simulator:
