1. What is Average Trade Duration?
This metric measures the average amount of time from when you open a trade to when you close it. The platform calculates this separately for your winning and losing trades to help you identify behavioral patterns.
2. Gaining Psychological Insights
Comparing the duration of your wins and losses can reveal common psychological trading habits:
- Holding Losers Too Long: Is your average loss duration significantly longer than your average win duration? This can indicate a tendency to hope that losing trades will "turn around," often leading to bigger losses.
- Cutting Winners Too Short: Is your average win duration much shorter than your average loss duration? This might mean you are taking profits too early out of fear, preventing you from capturing larger moves.
💡 Ideal duration depends on your strategy, but analyzing this metric is key to understanding if fear and greed are impacting your decisions.