Beyond Win Rate: Measuring What Actually Matters
Every trader obsesses over win rate. But a 60% win rate means nothing if it swings wildly between 80% one week and 30% the next. What matters isn't just how often you win — it's how consistently you execute.
A consistency score measures exactly that.
The 6 Pillars of Trading Consistency
1. Risk Sizing Consistency (25% weight)
Are you risking the same percentage on every trade? Or do you size up when you're confident and size down when you're scared? Consistent risk sizing is the hallmark of a disciplined trader.
2. Win Rate Stability (20% weight)
A rolling window analysis of your win rate over time. Low variance = high consistency. If your win rate is stable, your edge is real and repeatable.
3. Trade Frequency (15% weight)
Do you trade a steady rhythm, or do you overtrade after losses and disappear after wins? Erratic frequency often signals emotional decision-making.
4. Profit Factor Stability (15% weight)
Your profit factor (gross profit ÷ gross loss) should remain relatively stable if your strategy has a real edge. Wild swings suggest you're deviating from your approach.
5. Discipline (15% weight)
This is the V2 pillar — it measures three things:
- Plan adherence: What percentage of trades followed your trading plan?
- Setup tagging: Are you categorizing your trades by setup type?
- Revenge trade rate: How often are you making impulsive trades after losses?
6. Hold Time Consistency (10% weight)
If you're a day trader, your holds should be roughly similar in duration. Huge variance in hold time often means you're cutting winners short or letting losers run.
How the Score Works
Each pillar is scored 0-100 using statistical measures like coefficient of variation and rolling window analysis. The overall score is a weighted average of all six pillars, graded on a scale from A+ to F.
What Your Score Means
- 80-100 (A range): Highly consistent. Your process is solid and repeatable.
- 60-79 (B range): Fairly consistent. Some areas need attention.
- 40-59 (C range): Needs work. You're likely making emotional decisions.
- Below 40 (D/F): Inconsistent. Focus on building habits before worrying about profits.
How to Improve Your Score
- Set a fixed risk per trade and stick to it — no exceptions
- Tag every trade with a setup type so you can track what works
- Mark whether you followed your plan honestly
- Flag revenge trades — awareness is the first step to stopping them
- Trade on a schedule — don't let emotions dictate when you trade