# Trading statistics

> Definitions of the trading statistics 54Trades prints: win rate, expectancy, profit factor, SQN, Kelly percentage, K-ratio, streaks, and scratch trades.

A glossary of the stats the journal actually prints, with the usual caveats about sample size.

*Canonical HTML:* https://www.54trades.com.jetbox.bg/trading-statistics
*Product:* 54Trades — free trading journal (no broker connection).

## Core counts

Win rate is wins divided by decided trades. Expectancy is average R or average currency per trade. Scratch trades are zeros; they should not inflate a win rate.

## Quality ratios

Profit factor, SQN, and K-ratio punish noisy books. Kelly % is a function of edge and payoff; treating it as “max leverage” is how accounts die.

## Honesty rule

54Trades will not invent a 70% win rate for marketing. Crypto prediction pages publish the walk-forward hit rate the model actually got on that series.

## FAQ

### Which stat should I optimize?

None of them in isolation. Read profit factor and SQN together with N and max drawdown of the sprint.

## Related

- [Trading analytics](https://www.54trades.com.jetbox.bg/trading-analytics)
- [Trading performance tracker](https://www.54trades.com.jetbox.bg/trading-performance)
- [Trading risk management](https://www.54trades.com.jetbox.bg/risk-management)

## Official

- Site: https://www.54trades.com.jetbox.bg
- Crypto forecasts: https://www.54trades.com.jetbox.bg/crypto/price-predictions
- Register: https://www.54trades.com.jetbox.bg/register
- llms.txt: https://www.54trades.com.jetbox.bg/llms.txt
