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Tag analysis turns your trade observations into performance data. Every tag you assign to a trade becomes a filter you can measure against — showing you exactly which behaviors, conditions, and patterns are helping or hurting your bottom line.

How to access it

Go to Analysis → Tags in the sidebar. You’ll see every tag you’ve used, with performance metrics calculated across all trades that carry that tag.

What you’ll see

For each tag, TurtleMetrics shows:
MetricWhat it tells you
Win RateWhat percentage of trades with this tag were profitable
Total P&LNet impact of trades carrying this tag
Profit FactorGross profit ÷ gross loss for tagged trades
Trade CountHow many trades have this tag

How to read tag data

Tags work best when you compare them against each other. Some examples of what the data might reveal:
If trades tagged “chased entry” have a 30% win rate while trades tagged “patient entry” sit at 62%, that’s a concrete, measurable reason to stop chasing. You can put an actual dollar amount on the cost of impatience.
If your “choppy market” tag has a 35% win rate but your “trending” tag shows 58%, you might consider sitting out range-bound days or at least reducing your size.
Tags like “revenge trade” or “FOMO” often reveal surprisingly large P&L drains. Seeing the exact dollar cost of revenge trading is more convincing than any trading psychology book.
Don’t just track mistakes. Tags like “held to target” or “followed the plan” let you measure and reinforce your good habits.

Combining tags with setups

Tag analysis becomes even more powerful when you cross-reference it with setup analysis. For example, you might discover that your “Pullback to EMA” setup has a great win rate overall, but trades with that setup plus the “low volume” tag consistently lose. That’s a highly specific, actionable insight.
Since trades can have multiple tags, a single trade can appear in multiple tag groups. This is by design — it lets you slice your data in many different ways.

Tips for getting the most out of tag analysis

  1. Be consistent — Tag every trade, not just the interesting ones. Gaps in your data skew the results.
  2. Wait for sample size — Tags with fewer than 20–30 trades aren’t statistically reliable yet. Be patient.
  3. Review monthly — Check your tag performance at least once a month to catch patterns early.
  4. Act on what you find — The data is only useful if you let it change your behavior. If “revenge trade” has a 20% win rate, stop taking revenge trades.