Consecutive Wins/Losses (Streaks)
The number of winning or losing trades in a row, measuring trading streaks.
Formula
Track sequence of W/L outcomes
More Details
What are Trading Streaks?
Consecutive wins or losses measure your trading streaks. Understanding streaks is crucial for psychology and risk management.
Why Streaks Matter
Psychology
- Winning streaks: Overconfidence risk, oversizing
- Losing streaks: Tilt, revenge trading, strategy abandonment
Statistical Reality
With a 50% win rate, probability of streaks:
| Streak | Probability |
|---|---|
| 3 in a row | 12.5% |
| 5 in a row | 3.1% |
| 7 in a row | 0.8% |
| 10 in a row | 0.1% |
Even with 60% win rate, you WILL have 5-loss streaks.
Expected Streaks by Win Rate
| Win Rate | Expected Max Losing Streak (100 trades) |
|---|---|
| 70% | 4-5 losses |
| 60% | 5-6 losses |
| 50% | 6-7 losses |
| 40% | 7-9 losses |
TradesViz Streak Analysis
- Max win/loss streaks
- Current streak tracking
- Streak distribution charts
- Performance after streaks
- Tilt detection alerts
Where to find it in TradesViz
Summary > Overall Statistics > Scores/Metrics shows Max Consecutive Wins and Max Consecutive Losses. Use Pivot Grid to analyze performance following streaks.
Example
5 consecutive winners followed by 3 consecutive losers