Performance by weekday

This report shows performance by weekdays, separated between green (positive) and red (negative) days. by looking at average performance for each weekday, you can gain insights into how markets typically behave on specific days, allowing you to maximize profits by accurately setting expectations for each weekday.

Lets check out some examples.

Lets start by looking at average performance of the current session measured from previous session close to current session close :

If you had a short idea on this day , then having the average red performance as a target, would have worked very nicely.

Now lets look at average performance of the current days session measured from open to close:

If you had a long idea on this day, then having the average green performance as a target, would have worked awesome. Why performance by weekday matters

Not only can you identify potential profit target areas for the day, it can also help manage the expectations for each day of the week.