> ## Documentation Index
> Fetch the complete documentation index at: https://docs.performax.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Strategies

> Define, review and measure your trading playbooks.

Strategies is where you define, review, and measure your trading playbooks.

A playbook is one strategy record: thesis, setup rules, entry criteria, exit criteria, checklist, and performance history.

<img src="https://mintcdn.com/performax/hkpg9NSlzXmyRSJf/images/strategies-demo.png?fit=max&auto=format&n=hkpg9NSlzXmyRSJf&q=85&s=0764e02c002f1c57efd1f5b5105dc854" alt="Performax demo strategies page showing strategy cards with win rate, average R, total P&L, and setup tags" width="1440" height="1050" data-path="images/strategies-demo.png" />

*Demo account. Strategy performance describes historical trades only.*

## Create a strategy

1. Open **Strategies**.
2. Click **New Strategy** or **New Playbook** depending on the current UI label.
3. Add a name and category.
4. Describe the setup thesis.
5. Add entry criteria.
6. Add exit criteria.
7. Add checklist items.
8. Save.

Expected result: the strategy is available for tagging trades and comparing performance.

## Use a strategy in review

Assign trades from the Journal or trade detail view.

Track:

* trade count;
* win rate;
* average R-Multiple;
* total P\&L;
* profit factor;
* best and worst trades.

The numbers describe your historical use of that strategy. They do not prove it will work in the future.

Click **Analytics** on a strategy card to open the strategy-scoped analysis.

<img src="https://mintcdn.com/performax/hkpg9NSlzXmyRSJf/images/strategy-analytics-demo.jpg?fit=max&auto=format&n=hkpg9NSlzXmyRSJf&q=85&s=a57d9c5ece73553e140d874f4487874e" alt="Performax demo strategy analytics page showing KPI cards, an equity curve, and performance timeline for one strategy" width="1440" height="1050" data-path="images/strategy-analytics-demo.jpg" />

*Demo account. This view only includes trades linked to the selected strategy.*

## Trade plans

Trade plans let you write the plan before execution and compare it with the resulting trade later.

A plan can include:

* symbol;
* long or short side;
* entry idea;
* invalidation level;
* target;
* checklist;
* notes.

After execution, attach the resulting trade to compare plan and outcome.

## Checklists

Use checklists for objective setup conditions:

* market context;
* confirmation signal;
* risk check;
* position size check;
* invalidation condition;
* exit rule.

If a checklist item is subjective, rewrite it until another person could evaluate it the same way.

## Archive

Archive strategies you no longer trade. Archived strategies keep historical analytics but should not appear as active choices during normal review.

## Naming

The app navigation uses **Strategies**. Some older copy and internal concepts use **playbook**. In this documentation, a playbook means one strategy object inside Strategies.