Analyze your trading performance against prop firm requirements. Get detailed insights into your trading strengths and areas for improvement.
A 60% win rate with 1.5:1 reward-to-risk ratio and 8% max drawdown scores 75/100, indicating good prop firm readiness with room for improvement.
Example: Traders with 70+ performance scores, <10% drawdown, and <3 rule violations are typically ready for prop firm challenges. Focus on consistency over high returns.
Poor - Needs Improvement
• Focus on improving win rate and risk management
Target: 50%+
Target: 1.5+
Target: <10%
Target: <3 violations
A:A trading journal analyzer evaluates your trading performance against prop firm requirements, identifying strengths, weaknesses, and areas for improvement in your trading strategy.
A:Track win rate, average win/loss, profit factor, maximum drawdown, consecutive wins/losses, risk-reward ratios, and adherence to prop firm rules like daily loss limits.
A:Performance score combines win rate (40%), profit factor (30%), drawdown control (20%), and rule adherence (10%). Higher scores indicate better prop firm readiness.
A:Aim for 50%+ win rate with proper risk management. Higher win rates with lower risk-reward ratios can be as profitable as lower win rates with higher ratios.
A:Focus on risk management, stick to your trading plan, avoid revenge trading, and maintain proper position sizing. Consistency is more important than high returns.
A:Common mistakes include overtrading, poor risk management, emotional trading, not following a plan, and failing to keep detailed records of all trades.