Our Trader

We are committed to providing our users with the most accurate and up-to-date trading information. This guide will help you understand the terminologies and data points displayed in the "Our Trader" section of our website. Whether you are a beginner or an experienced trader, these guidelines will assist you in making the most of the tools and information available.

Understanding the "Our Trader" Section

The "Our Trader" section provides a detailed overview of a trader's activities, strategies, and

performance metrics. Below, we explain each term to ensure you can fully understand and utilize

this information.

1. Trading Asset Allocation in %

• Definition: This refers to the distribution of investments across different asset classes or financial instruments. It is expressed as a percentage of the total portfolio.

• Example: If a trader has 50% of their portfolio in stocks, 30% in bonds, and 20% in commodities, the Trading Asset Allocation will reflect these percentages.

• Purpose: Helps users understand how the trader is diversifying their investments and the level of risk associated with their portfolio.

2. Trading Type (Swing and Day)

• Swing Trading: A trading strategy that involves holding positions for several days to weeks, aiming to profit from expected market movements.

• Day Trading: A trading strategy where positions are opened and closed within the same trading day, aiming to capitalize on short-term market fluctuations.

• Purpose: Indicates the trader's approach and time horizon for executing trades.

3. Monthly Average Return

• Definition: The average return that a trader generates on their portfolio each month, typically expressed as a percentage.

• Example: If a trader earns 5% in one month and 3% the next, their average monthly return would be 4%.

• Purpose: Provides insight into the trader's performance consistency over time.

4. Cumulative Return

• Definition: The total return generated by a trader over a specific period, including all gains and losses. It is also expressed as a percentage.

• Example: If a trader starts with $10,000 and ends with $12,000 after one year, the cumulative return is 20%.

• Purpose: Shows the overall growth of the trader's portfolio over time.

5. Holding Positions

• Definition: Positions that the trader currently has open in the market. These positions have not yet been closed or settled.

• Purpose: Allows users to see what assets or instruments the trader is currently invested in and their current market stance.

6. Open Orders

• Definition: Orders that have been placed by the trader but have not yet been executed by the market.

• Example: A buy order for a stock at a certain price that has not yet been filled.

• Purpose: Helps users understand the trader's planned actions and potential future trades.

7. Trading History

This section provides a detailed record of all trades the trader has executed. The following terms are used:

• Close Date

  • Definition: The date when a trade position was closed or exited.

  • Purpose: Indicates when the trader completed the trade, which is useful for analyzing the timing of market exits.

• Open Date

  • Definition: The date when a trade position was opened or initiated.

  • Purpose: Helps users track the duration of trades and the trader's timing strategy.

• Position

  • Definition: Refers to the specific asset or financial instrument that was traded (e.g., stocks, forex, commodities).

  • Purpose: Identifies the asset involved in the trade, providing context for the trade's performance.

• Open Price

  • Definition: The price at which the asset was bought or sold when the position was opened.

  • Purpose: Provides a benchmark for evaluating the trade's success relative to the market movement.

• Close Price

  • Definition: The price at which the asset was sold or bought back when the position was closed.

  • Purpose: Determines the profit or loss generated from the trade.

• PnL (Profit and Loss)

  • Definition: The difference between the open price and close price of a trade, indicating the financial outcome of the trade.

  • Purpose: Shows the profitability of each trade, helping users assess the trader's success.

8. Entry Price

• Definition: The price at which a trader enters a trade, usually the open price of a position.

• Purpose: Serves as the baseline for calculating the potential profit or loss of a trade.

9. Stop Loss Price

• Definition: A predetermined price level at which the trader will exit the trade to prevent further losses. This is an automated order.

• Purpose: Protects the trader from significant losses by limiting the downside risk of a trade.

10. Take Profit Price (if settled)

• Definition: A predetermined price level at which the trader will automatically exit the trade to secure profits.

• Purpose: Helps the trader lock in gains at a favorable price point without needing to monitor the market constantly.

11. Risk %

• Definition: The percentage of the trader's capital at risk in a particular trade relative to their total portfolio or the position size.

• Example: If a trader risks 2% of their capital on a trade, they are willing to lose up to 2% of their portfolio value if the trade goes against them.

• Purpose: Provides insight into the trader's risk management strategy, showing how much theyare willing to lose on any single trade.

General Guidelines for Using the Our Trader Section

• Interpret Data Carefully: Use the provided metrics to make informed decisions, but remember that past performance is not indicative of future results.

• Understand Risk: Trading involves significant risk, and it’s crucial to understand each metric's impact on a trader's strategy.

• Stay Informed: Continuously educate yourself on trading strategies and market conditions to better interpret the information presented.

By following these guidelines and understanding the terminologies, you'll be better equipped to analyze traders' performances and make informed decisions on OnlyTradings.com.