Trading Edge Report: Turn Setup Data Into One Weekly Action Item

A setup review can raise a practical question: which setups should you focus on, and which should you stop trading? TradeTally edge reports group trades by setup tag and surface metrics that can help you examine those questions.

What a trading edge report shows

TradeTally edge reports surface win rate, profit factor, average R, and trade count for trades grouped by setup tag. A setup with enough sample size and strong metrics is a confirmed edge. A setup with low profit factor or high loss rate signals a process issue to address.

The report can make it easier to identify which setups to focus on and which to stop trading. For a weekly review, you can use that setup-level information to choose one action to prioritize. The report presents the metrics; your weekly action is the decision you make after reviewing them.

Read more about TradeTally on the Features page.

Find the report and set a date range

Edge reports are available from the Analytics section and can be filtered by date range. Choose the range relevant to the period you want to review, then examine the setup tags and metrics shown for that report.

A date range is a way to filter the report; the available facts do not specify a preset weekly range. For your weekly review, select a range that suits the review you are doing.

Review the setup-level results

Start with the setup tags represented in the report. The metrics are grouped by those tags, so use the tag to identify which setup each group represents.

Then consider the surfaced metrics together: win rate, profit factor, average R, and trade count. A confirmed edge requires both enough sample size and strong metrics. No specific sample-size cutoff is given here, so do not treat a particular number of trades as a universal threshold.

A low profit factor or high loss rate signals a process issue to address. That signal is a reason to examine the setup, not a specific prescription for what to change. The report makes it easier to identify setups to focus on or stop trading, while the details of your response are your own decision.

For background on tracking setups, see How to Track Trading Setups.

Choose one weekly action

After reviewing the report, choose one action to carry into the week. The report can help you identify whether a setup is one to focus on or one to stop trading. Keep the action tied to what you found in the setup-level results.

For example, if a setup has enough sample size and strong metrics, it meets the stated criteria for a confirmed edge. If a setup has low profit factor or high loss rate, that signals a process issue to address. These are different findings, so make your weekly action fit the finding you are reviewing rather than applying one response to every setup.

Keep the conclusion appropriately narrow. A setup is a confirmed edge when it has enough sample size and strong metrics; do not call it confirmed if either condition is missing. Likewise, a signal of a process issue identifies something to address, but it does not specify a particular fix.

Make the review easy to revisit

For a concise weekly review, record the setup you considered, the metrics and trade count you reviewed, and the one action you chose. This is a personal review note, not a feature of the report. It gives you a clear record of the reasoning behind your decision.

Keep your action concrete: focus on a setup or stop trading one, based on what the report helps you identify. For another guide on using setup data in a weekly review, read Trading Edge Report: Turn Your Trade Data Into One Weekly Action Item.

FAQ: Trading edge reports and weekly reviews

What metrics does a TradeTally edge report show?

It surfaces win rate, profit factor, average R, and trade count for trades grouped by setup tag.

Where can I find edge reports?

Edge reports are available from the Analytics section.

Can I filter an edge report by date range?

Yes. Edge reports can be filtered by date range.

When is a setup a confirmed edge?

A setup with enough sample size and strong metrics is a confirmed edge. No specific sample-size cutoff is provided here.

What does a low profit factor or high loss rate signal?

It signals a process issue to address. The report helps identify setups to focus on or stop trading; it does not specify a particular fix.

Explore TradeTally to learn more about its trading tools.