Expectancy
Read Alpha Charts articles about expectancy for trading journaling, analytics, risk management, and performance improvement.
Trading Metrics
Trading Expectancy Explained: The One Number That Tells You If Your Strategy Works
Win rate alone says nothing about whether a strategy makes money. Expectancy combines win rate with the size of your wins and losses into one number. Here is how to calculate it, interpret it, and use your journal to improve it.
Performance Analytics
How to Calculate R-Multiple: A Trader's Practical Guide
R-multiple is the single number that turns trading from dollars-and-feelings into mathematics. This guide explains what it is, how to calculate it, and how to use it to find your true edge.
Trading Metrics
Trading Journal Metrics That Actually Improve Profitability
Go beyond win rate. Learn the exact trading journal metrics that reveal true edge, tighten risk, and increase long-term profitability.