These definitions describe how StonkJournal calculates performance from recorded trade data. The edge cases are part of the calculation, not footnotes.
LAST REVIEWED / AUG 14, 2026 • METHODOLOGY REVIEW
001 // METRICS + FORMULAS
THE DEFINITION CHANGES THE TAKEAWAY.
StonkJournal calculates performance from recorded trade data. Open and wash trades are treated deliberately, fees and adjustments affect total P&L, and R-based statistics cover only trades with a defined stop risk.
WIN RATE / TOTAL P&L / PROFIT FACTOR / EXPECTANCY / R-MULTIPLE / CAPITAL DEPLOYED
WIN RATE
wins ÷ (wins + losses) × 100
TOTAL P&L
realized return net of fees
PROFIT FACTOR
gross profit ÷ |gross loss|
EXPECTANCY
average return per closed trade
METHOD / RECORDED TRADE DATA
FROM A TRADE RECORD TO A DEFINED STATISTIC.
01 / FILTER THE RECORDS
Closed-trade statistics use recorded trade returns.
02 / APPLY THE FORMULA
Each metric uses a defined calculation, including explicit treatment of fees, adjustments, and open trades.
03 / PRESERVE EDGE CASES
Wash trades are excluded from the win-rate denominator, and R-multiple is null when no stop was set.
04 / REVIEW THE SOURCE ROWS
Use the underlying journal records to understand which trades produced the summary.
WASH TRADES ARE EXCLUDED FROM WIN RATE
Wash trades are counted separately but excluded from the win-rate denominator. That distinction prevents the percentage from implying a different sample than the recorded result set.
R-MULTIPLE IS NULL WITHOUT A STOP
R-multiple equals realized return divided by risk to stop. When no stop was set, the value is null rather than zero, so R-based statistics cover only trades with defined risk.
ADDITIONAL DEFINITIONS
Average win and loss use their respective WIN and LOSS trades. Largest win and loss are the maximum and minimum single-trade returns. Return % is averaged across closed trades. Capital deployed uses entry total, with options multiplied by contract size (default 100) and forex using margin.
MAXIMUM DRAWDOWN
Maximum drawdown is the largest peak-to-trough decline in the selected equity curve. The result depends on the active date, account, market, tag, and status filters, so comparisons should use the same scope.
EQUITY CURVE
The equity curve is the cumulative realized P&L of the included closed trades in chronological order. Open trades are not treated as realized results. Fees and recorded adjustments affect the curve when they affect realized P&L.
HOLD TIME
Hold time is the elapsed time between the recorded opening and closing events for a closed trade. Aggregates exclude trades without both timestamps and may be distorted when imported timestamps or time zones are incomplete.
RULE COMPLIANCE
Rule compliance compares each trade with the enabled risk, discipline, and behavior rules applicable to its account. A compliance percentage reflects the included checks and their configured weighting; it is not a prediction of profitability.
MULTI-ACCOUNT ROLLUPS
A single-account view uses only that account’s included records. A multi-account rollup combines the selected accounts after applying the same filters. Different currencies, contract multipliers, or incomplete account data can make direct comparisons misleading.
FILTERS, SAMPLE SIZE, AND CONFIDENCE
Every metric reflects the active filters, including date range, account, symbol, market type, status, tag, and rule-compliance state. Small samples are descriptive, not conclusive. Review the trade count and underlying rows before treating a pattern as durable evidence.
METHODOLOGY FAQ
How is win rate calculated?
Win rate is wins divided by wins plus losses, multiplied by 100. Open and wash trades are excluded from the denominator.
What is included in total P&L?
Total P&L is the sum of realized return across all trades, net of fees and adjustments.
What happens when no stop was set?
R-multiple is null rather than zero when no stop was set. R-based statistics therefore cover only trades with a defined risk to stop.
How is capital deployed calculated?
Capital deployed uses entry total, with options multiplied by contract size—default 100—and forex using margin.
USE THE FORMULA, THEN QUESTION THE SAMPLE.
STONK JOURNAL
Not financial advice. Past performance is not indicative of future snacks. Built by traders who lost money first.