Trading Journal

From To Month

BE band ±

—

Win / BE / Loss

—trades

Trades—

Win / BE / Loss—

Win rate—

R secured—

Net (R)—

Expected value (gross)—

Expected value (net)—

Avg win (R)—

Avg stop loss—

Avg loss (R)—

Avg cost/trade—

Avg / Max DD (R)—

Edge decomposition (Van Tharp)

Edge = (Win% × Avg win) − (Loss% × Avg loss), the per-trade expectancy in R. Net of fees, current range. With a large BE bucket the edge lives in the payoff ratio, not the hit rate.

Edge (R/trade)

—

Payoff ratio (AW/AL)

—

avg winner / avg loser

Win rate (PW)—

Avg win (AW)—

Loss rate (PL)—

Avg loss (AL)—

Win share (excl. BE)—

Breakeven win rate—

Win contribution (+PW·AW)—

Loss contribution (−PL·AL)—

BE contribution—

—

Equity curve (cumulative R)

Line = cumulative R per trade. Red area = drawdown below the running high.

At 1% risk per trade on 100K : final balance — — max drawdown —

Compliance = your edge

Net R/trade per bucket. Compliant = C≤mb2 and V≤mb2. Your declared edge.

Breakdown by setup

Bucket	n	Net R/t	Win%	Total R

By Context level (C)

C	n	Net R/t	Win%

All trades (—)

Data check. Chronological, most recent at the bottom.

Date	Sym	SL	RR	Net	Setup	Compliance	Context	Chart