For Business

Trading Strategies

How to Keep a Strategy Scorecard

A strategy scorecard is a record with one row per cue: the date, the numbers the card asked for on that day, and whether the card was followed. This paper shows you a scorecard filled in from the ten real cues a written card gave on gold in 2025; the idea as a ship's logbook, written up the same way whatever the weather did; June's five cues on the daily chart; the year's ten cues as dots on a strip of months; and the History report on your platform, which keeps the money half of the record so the scorecard does not have to.

Difficulty
Advanced
Reading time
5 min
Pages
8
Reviewed by
Saman Rahbar

This paper is locked

Read it in the browser and keep the PDF with Premium, or buy this one paper.

One row per cue

A strategy scorecard is a record with one row per cue. Each row carries the date, the numbers the card asked for on that day — read off the bars, not from memory — and one column the market does not write: whether the card was followed. Take the card from the last paper — gold on daily bars, one bar per day: a low within ten dollars of the 20-day average after five closes above it. It fired ten times in 2025, and the first seven rows are in the drawing, with two marked as not followed as an example of an honest entry. The money is not on this card. The platform's statement keeps that, and the two are read side by side.

A logbook

Picture a ship's logbook. Every watch is written up the same way — the time, what was read off the instruments, what was done — whatever the weather did, and the weather goes in the margin. A scorecard is that book: the date, the numbers the card asked for, and whether the card was followed, in the same columns every time. It is kept for the day it is read back, at the review, when the question is whether the card was run as written. That question cannot be answered from memory, which is why the book exists, and why the columns never change.

This paper is locked