Why Weekly Win Rate Matters in Prop Trading
Prop firm traders often focus on profit targets and drawdowns—but your weekly win rate can reveal far more about long-term consistency. Monitoring how many trades you win (or lose) on a weekly basis uncovers behavioral patterns, strategy flaws, and performance streaks you may not see in daily results. Here’s how to track and leverage your weekly win rate for better funded outcomes.
Step 1: Define What Counts as a Win
Before you start calculating win rates, define your criteria clearly. Is it based on hitting your full profit target? Or partial profits? Does breakeven count as a win? For clean analysis, most traders define a win as any trade that ends in net positive P&L after commission. Keep the rules consistent throughout.
Step 2: Choose a Weekly Cycle Start Date
Decide when your trading week begins and ends. Many prop traders start Monday and end Friday, but others align with futures rollovers or Forex Sunday openings. Just make sure the window is consistent every week to avoid skewed data.
Step 3: Record Each Trade in a Journal
Use a journal or spreadsheet to log each trade. Include these fields:
- Date and time
- Instrument traded
- Entry and exit price
- Position size
- P&L in dollars and R-multiple
- Result (Win/Loss)
For automation, apps like Edgewonk, TraderSync, and Trademetria simplify this process and provide auto-generated win rate stats.
Step 4: Sum Your Weekly Totals
At the end of each week, tally:
- Total number of trades
- Total number of wins
- Total losses
Then use the formula: Win Rate % = (Number of Wins ÷ Total Trades) × 100
For example, if you took 20 trades and 13 were winners: (13 ÷ 20) × 100 = 65% win rate.
Step 5: Review Win Rate by Strategy
Go deeper than just raw percentage. Break your win rate down by:
- Setup type (breakout, reversal, scalping)
- Session (NY, London, Asia)
- Day of week
This identifies which combinations perform best. Maybe your NY open breakout has a 75% win rate, while your late-day reversal system is dragging you down at 40%.
Step 6: Compare to Prop Firm Requirements
Some firms like Funded Futures Network or Top One Futures require specific profit targets and max drawdowns. Your weekly win rate helps project whether your strategy can realistically hit those targets within allowed days.
If you’re winning 50% of trades with 2:1 reward, you may only need 8–10 solid trades per week to pass. Reverse-engineer your performance to the firm’s expectations.
Step 7: Spot Deviation From Baseline
If your typical win rate is 60% and it drops to 35% over two weeks, something’s off. A deviation in your weekly stats could signal:
- Emotional errors
- Market condition changes
- Strategy degradation
- Overtrading
Weekly reviews allow you to correct course before you blow an evaluation account.
Step 8: Use Trendlines for Weekly Consistency
Chart your win rate on a line graph across 8–12 weeks. Uptrends show improvement. Flatlines show stability. Sudden drops flag a problem. This visual feedback helps keep you consistent over time, not just in one good week.
Step 9: Balance Win Rate With R-Multiple
A high win rate with small reward ratios may not be sustainable. For example:
- 70% win rate with 0.8R wins = break-even
- 40% win rate with 2R wins = highly profitable
Evaluate both metrics together. Weekly win rate shows consistency; R-multiple shows payoff. Use both to guide your strategy refinement.
Step 10: Keep Journaling Even After Getting Funded
Don’t stop tracking once you pass. Weekly win rate helps maintain performance during payout phases. It also gives you an objective checkpoint when emotions rise or prop firm pressure mounts.
Even top funded traders at Funding Ticks or The 5%ers continue weekly stat tracking—it’s how pros stay funded long term.
Weekly Win Rate Is Your Trading Mirror
Numbers don’t lie. Weekly win rate keeps you accountable, focused, and data-driven. It’s not about being perfect—it’s about identifying where your consistency breaks down so you can fix it fast. In the prop firm world, that kind of clarity gives you a real edge.