Glossary
What is Equity curve
The running result trade by trade — in R or in money. Its slope is the expectancy, its dips are the drawdowns.
How it works
Example
The model sample's curve ends at −13.3R after 88 trades: it slopes down — the expectancy is negative.
Common mistake
Plotting the curve in money while risk changes: the slope reflects bet size, not decision quality.
Read next
Related terms
Frequently asked questions
- Where can I learn Equity curve step by step?
- In the Trading OS Academy: “Model stats without distortion”.
- What is Equity curve related to?
- Drawdown; Expectancy; R — result in units of risk.
Plan versus outcome — for every trade
The Trading OS journal keeps the planned RR and the actual R of each trade side by side and computes expectancy from real results.
No sign-up — the journal runs in your browser; an account is only needed for sync.