Definition
Real-Time Performance Tracking refers to the continuous monitoring of trading metrics such as profit and loss (PnL), drawdown, win rate, and return on investment (ROI).
It allows traders to evaluate strategy behavior and account performance as market conditions change.
Example in Context
A trader reviews a dashboard displaying current PnL, open positions, drawdown levels, and recent trades to assess live strategy performance.
FAQs
Does real-time tracking improve performance?
Monitoring provides visibility but does not eliminate market risk.
What metrics are commonly tracked?
PnL, ROI, drawdown, trade frequency, and win rate.
Is performance tracking necessary for automated trading?
Ongoing monitoring helps ensure strategies remain aligned with user-defined objectives.
Related Terms
- Profit and Loss (PnL)
- Return on Investment (ROI)
- Maximum Drawdown