**Maximum Drawdown**

Maximum drawdown measures the maximum loss that your trading system incurred over a certain period of time. It's a measurement of risk, and one of the most important ones for any trader to understand. In order to calculate this, you need to know what your starting capital was, how much you lost during the period in question, and how long it took for you to recover from those losses.

### Example

If you started with $10,000 and lost $8,000 over six months (with no gains), then your maximum drawdown would be -$8k. If instead you started with $10k but gained $2k over the same time period (again with no losses), then your maximum drawdown would be -$6k.

**Expectancy**

If you're new to trading, you might not be familiar with expectancy. This is a term that refers to the average amount of money a trader can expect to make on a given trade.

Expectancy is calculated by multiplying the probability of winning on any given trade by the profit per unit in that trade. So if I have a 50% chance of winning $100 when I trade and I'm trading one contract at $100 per contract, my expectancy is $50 * 1 * 1 = $50.

The higher the expectancy, the better off you are—you'll have more money coming in and less going out than if your expectancy were lower.

**Avg hold time for winners**

Displays the average duration of your winning trades.

**Avg hold time for losers**

Displays the average duration of your losing trades.

**Total trades**

Displays the number of trades you have made during the selected period.

### Example

If you got 24 Winning Trades and 4 Losing Trades then the Total Trades will be 28.

**Longs / Shorts**

Displays the number of BUY trades compared to the number of SELL trades.

Longs = BUY

Shorts = SELL

**Longs Profit**

Displays the profits made with BUY trades.

### Example

Three buying trades have been executed, the first has a profit of 100$, the second has a profit of 1250$, and the third has a loss of -500$.

The Longs profit will be 850$ (100 + 1250 + (-500)).

**Shorts Profit**

Displays the profits made with SELL trades.

### Example

Three selling trades have been executed, the first has a loss of -100$, the second has a profit of 50$, and the third has loss -550$.

The Shorts profit will be -600$ (-100 + 50 + (-550)).

**Best Win**

Displays the largest profit from a single trade.

### Example

You placed 3 trades, 2 winning trades (+300$, +150$) and 1 losing trade (-120$). Your best win will be +300$ because it was the trade that made you the most money at one time.

**Worst Loss**

Displays the largest loss from a single trade.

### Example

You placed 5 trades, 3 winning trades (+500$, +230$, +95$) and 2 losing trades (-210$, -75$). Your worst loss will be -210$ because it was the trade that made you lose the most money at one time.

**Win Average**

Displays the average profit of your winning trades.

Win Average = (Win Trades Profit / Total Win Trades)

### Example

You placed 5 trades, 3 winning trades (+500$, +230$, +95$) and 2 losing trades (-210$, -75$). Your Win Average will be 275$ (500+230+95)/3.

**Loss Average**

Displays the average loss of your losing trades.

Loss Average = (Loss Trades Amount / Total Loss Trades)

### Example

You placed 5 trades, 3 winning trades (+500$, +230$, +95$) and 2 losing trades (-210$, -75$). Your Win Average will be -142.50$ (-210-75)/2.

**Total Pips**

Total Pips is a metric that represents the total number of pips gained or lost on a trade. It is calculated by subtracting the initial entry price from the final exit price, then dividing that number by two.

Total Pips is one of the most important metrics in trading because it determines whether or not you've made a profit on your trade. If you have more total pips than you started with, you made money!

**Avg pips per trade**

Average pips per trade is the average number of pips gained or lost on each trade.

The average pip per trade can be calculated by dividing the total number of pips gained by the total number of trades.