Overview
Performance Tracking is a Pro-tier feature that allows you to link opportunities to actual trade outcomes, analyze win rates, track profit/loss over time, and identify which symbols and strategies perform best.
Admin Access: Administrators and super_admins have unlimited access to performance tracking without requiring a Pro subscription.
Key Features
- Outcome Tracking: Link dashboard opportunities to actual trade results
- Performance Metrics: Win rate, total P&L, average return, max win/loss
- Time-Series Analysis: Daily/weekly/monthly performance charts
- Symbol Analytics: Identify best-performing underlyings
- Strategy Analysis: Compare performance across different strategies
- ROI Tracking: Return on investment and capital efficiency
Recording Trade Outcomes
From the Dashboard
- Find an opportunity you traded on the main Dashboard
- Click "Record Outcome" or the outcome icon
- Select outcome type:
- Win: Trade was profitable
- Loss: Trade lost money
- Breakeven: No gain or loss
- Not Taken: Didn't execute the trade
- Enter trade details:
- Entry Price: Price paid for the option
- Exit Price: Price sold at
- Quantity: Number of contracts
- Entry Date: When you entered
- Exit Date: When you exited
- Add optional notes about the trade
- Click "Save Outcome"
Manual Entry
- Navigate to Performance from the main menu
- Click "Add Outcome"
- Fill in all trade details manually
- Save to add to your performance history
Tip: Recording outcomes directly from opportunities ensures accurate linking and preserves the opportunity details (Greeks, IV, etc.).
Performance Summary
The Performance page shows your overall trading statistics:
Key Metrics
- Total Trades: Count of all recorded outcomes
- Win Rate: Percentage of profitable trades (Wins / Total Trades)
- Total P&L: Sum of all gains and losses
- Average Return: Mean profit/loss per trade
- Best Trade: Largest single profit
- Worst Trade: Largest single loss
- Profit Factor: Total gains ÷ Total losses
Example: If you've made 50 trades with 35 wins and 15 losses, your win rate is 70%. If total profits are $10,000 and total losses are $4,000, your profit factor is 2.5 (excellent performance).
Performance Over Time
Equity Curve
Visual chart showing cumulative P&L over time. Helps identify:
- Consistency vs volatility in your performance
- Drawdown periods (declines from peak)
- Recovery patterns after losses
- Long-term growth trajectory
Time Aggregation
View performance by:
- Daily: Intraday trading patterns
- Weekly: Short-term trends
- Monthly: Long-term performance analysis
Insight: A steadily rising equity curve indicates consistent, disciplined trading. Sharp spikes suggest high-risk or irregular performance.
Performance by Symbol
Analyze which underlying symbols perform best for your trading style:
Symbol Analytics
- Total Trades per Symbol: How often you trade each ticker
- Win Rate by Symbol: Success rate for each underlying
- P&L by Symbol: Net profit/loss per ticker
- Average Return: Mean trade result for each symbol
Use Case: If AAPL shows a 75% win rate but SPY shows 45%, consider focusing more on AAPL opportunities or refining your SPY strategy.
Filtering & Sorting
- Sort by win rate to find your best symbols
- Sort by total P&L to see profit drivers
- Filter by strategy type (e.g., only credit spreads)
- Filter by date range to analyze recent performance
Managing Outcomes
Editing an Outcome
- Click on any outcome row in the Performance table
- Update prices, dates, or notes
- Click "Save Changes"
Deleting an Outcome
- Select the outcome
- Click "Delete Outcome"
- Confirm deletion
Warning: Deleting outcomes removes them from all performance calculations and cannot be undone. Edit instead if you need to correct data.
Advanced Analytics
Risk-Adjusted Returns
Evaluate performance relative to risk taken:
- Sharpe Ratio: Return per unit of volatility
- Max Drawdown: Largest peak-to-trough decline
- Recovery Time: Days to recover from drawdown
Strategy Comparison
Compare different trading strategies side-by-side:
- Credit spreads vs debit spreads
- Short-term vs long-term positions
- High-IV vs low-IV strategies
Example Analysis
Credit Spreads: 65% win rate, $150 avg profit, 12 day avg hold time
Debit Spreads: 45% win rate, $280 avg profit, 5 day avg hold time
Conclusion: Credit spreads are more consistent, debit spreads have higher upside but lower probability.
Accessing Performance Features
Subscription Requirements
- Pro Subscription ($199/mo): Full access to all performance tracking
- Admin/super_admin: Unlimited access without subscription
- Free/Starter Tiers: See upgrade prompt when accessing Performance page
Note: Performance tracking requires manual outcome entry. The platform does not automatically track trades from your brokerage.
FAQs
Q: Can I import trade history from my broker?
A: No, outcomes must be entered manually. This ensures you link them to specific opportunities and add context notes.
Q: What's the difference between Portfolio and Performance tracking?
A: Portfolio tracks current positions (Greeks, risk). Performance tracks closed trades (win rate, P&L history).
Q: How is win rate calculated?
A: Win Rate = (Number of Profitable Trades) ÷ (Total Trades Excluding "Not Taken")
Q: Can I export my performance data?
A: Future feature - currently data is viewable in the platform only.
Q: What happens to my performance data if I downgrade?
A: Data is preserved, but you can't access or edit it without a Pro subscription or admin role.