Let's understand the different stats in TradeZella and what they each mean. Your trading stats can be found by visiting the Reports - Detailed Page.
Note:
This report reflects trades on the day it was closed and profits on the day it is realized. All reports display data for closed trades only.
you may click on a specific bar and it will take you to a log of trades for that specific data.
Trade Distribution: The number of trades you took grouped by the chosen filter.
Performance: This shows you the realized total P&L grouped by the chosen filter.
Summary: In the summary section, Tradezella shows the following stats
Filter option
Net Profits
Winning percentage
Total profits
Total loss
Trades (Number of trades taken)
Volume
Filtering Your Trades
You can filter reports detailed page by the following:
By Days
What does this report show me?
It shows you the correlation of the day in a week to your profit or loss.
Example:
Insight:
Analyze why you think you’ve taken the most number of trades on Wednesdays, but also got the most loss. Are there external factors that might be contributing to this? Could you consider sizing down on size on this day as a precautionary measure?
By Weeks
What does this report show me?
This shows you the number of trades that you took on Week 1, Week 2, …, Week 52, and the total profit or loss.
Example:
Insights:
This pattern could tell you that you don’t necessarily have to take so many trades in a week to gain more. Supplement your analysis with other reports, like the Mistakes report; could this be caused by the same mistake?
By Months
What does this report show me?
This shows you the number of trades you took for the whole month and the total profit or loss for that month.
Insight:
Let’s say you had the most profits in February. Is there any market Or even personal event that might have come into play? You might want to look into that and see how you navigated through that event.
You may also try to look at what drove you to trade more in a certain month.
By Time
By Trade Duration
What does this report show me
Insight:
By Price
What does this report show me?
This report shows you the number of trade exits and total realized P&L aggregated by price
By Volume
What does this report show me?
This report shows you the number of execution and total realized P&L aggregated by volume or quantity traded
By Instrument
What does this report show me?
Insight:
It’s a good trading practice to focus only on a few instruments instead of jumping into anything that’s trending. Since no two instruments move in the same way, focusing on your top instruments will allow you to study their market activity more thoroughly and zero in on your strategies as well.
By Sector
By Setups
What does this report show me?
This shows you the setups you’re playing based on your tags on the trade tracking page. This also shows you which setups are working for you and which ones you could work more on.
By Mistakes
What does this report show me?
This shows you the mistakes you’ve made based on your tags on the trade tracking page. This also shows you which mistakes are costing you the most.
By Tags
What does this report show me?
This shows you the stats based on your tags on the trade tracking page.
Others
DISTRIBUTION BY DURATION
PERFORMANCE BY DURATION
TRADE DISTRIBUTION BY IN-TRADE PRICE RANGE
PERFORMANCE BY IN-TRADE PRICE RANGE
Displays your P/L for different price range movements experienced while you were in a trade. This helps you depict your trading performance in correlation to how much the trade price movement was while you were in the trade.
TRADE DISTRIBUTION BY INSTRUMENT VOLUME
PERFORMANCE BY INSTRUMENT VOLUME
Shows the total realized P&L by the total volume traded in the underlying instruments on the date the trade was opened.
TRADE DISTRIBUTION BY INSTRUMENT MOVEMENT
PERFORMANCE BY INSTRUMENT MOVEMENT
TRADE DISTRIBUTION BY INSTRUMENT OPENING GAP
PERFORMANCE BY INSTRUMENT OPENING GAP
TRADE DISTRIBUTION BY INSTRUMENT DAY TYPE
PERFORMANCE BY INSTRUMENT DAY TYPE
TRADE DISTRIBUTION BY INSTRUMENT AVERAGE TRUE RANGE
PERFORMANCE BY INSTRUMENT AVERAGE TRUE RANGE