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Audit My Trades · sample_options.csv

You are ahead, but the evidence of an edge is weak

Over 219 trades (2025-01-01 to 2026-10-22) you kept ₹3,72,273 after ₹40,043 in estimated charges. The biggest leak below cost you ₹1,95,051.

The gain is small against the swings from trade to trade. A run like this turns up by chance often enough that it proves little yet.

The test behind it: the gains are too uneven to separate from luck (steadiness 1.33 per day; 1.5 is the least that counts as moderate evidence).

Money result+₹3,72,273kept, after ₹40,043 of estimated charges
Evidence of an edgeWeaksteadiness 1.33 from 219 results, once the market's move is taken out
Recent confirmationNot confirmedtrades after 2026-03-20: fail; last 12 months positive

Read it top to bottom: the verdict, then the fixes worth the most money, then where the money went. Everything after that is the detail behind those.

79of 100
Your trading score high confidence · 219 separate results
Edge63
Discipline100
Risk control55
Costs90
Consistency89
Sizing & holds100

Weakest: Risk control. How every point was lost →

Net P&L
+₹3,72,273
after ₹40,043 of estimated charges
On capital
+32.6 %
+18.0 % a year; worst fall -3 % of ₹11,42,180 (peak margin)
Evidence of an edge
Weak
how steady the gains are: 1.33, where 2 counts as strong evidence
Trading days
219
219 trades, 2025-01-01 to 2026-10-22
Last 12 months
+0.576 %
114 days, steadiness 1.07

If you had no edge at all, a per-day gain this large would still turn up by chance about 1 in 5 times. Take out what NIFTY did while each trade was open and the same trades average +0.679 % per day.

The whole book as one: 219 positions on 91 symbols (25 long, 0 short, 194 delta-neutral), Options. Read from a broker tradebook. Each strategy is also graded on its own further down.

Charges are estimated: each trade's own turnover at today's statutory rates (2026-10 (STT per Budget 2026, eff 1-Apr-2026)) plus the brokerage you set, no slippage added since your fills already carry it. Your broker's contract notes are the actual figure; if the file carries them, the audit uses those instead.

Early access: this is the full audit. Sections marked Full audit will be paid later; the free report is everything else.

Fix these first

The rupee figures on these cards overlap: one trade can sit in a losing name, a big-loss day and the charges at once. They are the size of each leak, not savings that add up.

1

14 days cost you 59 % of all your losses-₹1.95 L

A typical losing day costs ₹2,571; these lost at least three times that: 2025-10-09 (-₹21,748); 2025-08-20 (-₹20,106); 2026-05-05 (-₹18,418). The day after such a loss you averaged 1.0 trades against 1.0 on a normal day and made +₹170.

Next: The book is decided on a handful of days. A daily loss limit at about twice the typical losing day would have cut these; test it on the next month before trusting it.

2

Ten trades are 47 % of all your losses-₹1.57 L

Your ten worst trades lost ₹1,57,036 of the ₹3,32,346 lost in all. The three worst: 2025-10-09 NIFTY 25O09 Options: Short strangle (-₹21,748); 2025-08-20 NIFTY 25821 Options: Short strangle (-₹20,106); 2026-05-05 NIFTY 26507 Options: Short strangle (-₹18,418).

Next: Read these ten before anything else. What they share -- a name, a strategy, a hold, a size, a day -- is your first rule; the rest of the book is noise next to them.

3

Not enough trades yet to tell

The result is positive, but with 219 days a run of luck could produce it (about about 1 in 5). At this rate you would need about 280 more days before it counts as evidence.

Next: Keep the record going without changing the rules and re-audit at about 499 days. Every rule change restarts the count.

2 more findings

Weekday: Friday trades drag the book

39 trades (17 % of the book) averaged -1.946 % and won 51 % of the time. Without them the rest average +1.155 % instead of +0.603 %. A random set of 39 trades would do this well only 1.3 % of the time.

Next: A lead, not a rule: 17 slices were tried, so a few will look bad by chance. Keep taking these trades for now and re-check on the next 50; if it holds there, it is a rule you can write down.

Expect a losing run of at least 7 trades

Longest losing run 7 trades; deepest drawdown -₹35,229 (2026-05-08).

Next: Runs this long will happen again. Any size that cannot sit through this drawdown twice is too big for this record.

Where your money went

Made before costs+₹4,12,316
Charges (estimated)-₹40,043
Kept+₹3,72,273
Deepest fall from a high-₹35,2292026-05-08

Costs ate 10 % of the gross profit.

Month by month

2025-01: +₹27 k2025-02: -₹4217Feb 252025-03: +₹22 k2025-04: -₹249Apr 252025-05: +₹14 k2025-06: +₹31 kJun 252025-07: +₹37022025-08: +₹22 kAug 252025-09: +₹24 k2025-10: +₹24 kOct 252025-11: +₹24 k2025-12: +₹23 kDec 252026-01: +₹15 k2026-02: -₹7410-₹7410Feb 262026-03: +₹71432026-04: +₹19 kApr 262026-05: +₹57162026-06: +₹15 kJun 262026-07: +₹34 k2026-08: +₹36 kAug 262026-09: -₹61682026-10: +₹43 k+₹43 kOct 26

Running total

2025-01-01 2026-10-22 +₹3,72,273

what you had kept, by exit day how far below your best point you were

More numbers
Average winner / loser+₹4,666 / -₹4,887
Profit factor (rupees won per rupee lost)2.12
Average trade+₹1,700
Longest losing run7 trades
Best / worst trade+₹18,319 / -₹21,748

Where the points went Full audit

The rules are fixed and the same for everyone, so next month's score is comparable with this one. Confidence is high: it rests on 219 separate results (trades on the same day count as one), and a score on a few months of trading is a first read, not a verdict.

63

Edge 25 % of the score

Is the result better than luck, and is it yours rather than the market's

Starts at 63 from the steadiness of the gains (1.33, where 2 counts as strong evidence).

No points lost.

100

Discipline 20 % of the score

The habits: jumping back in after a loss, flipping sides, names that keep losing

Starts at 100.

No points lost.

55

Risk control 20 % of the score

How deep the holes get: big-loss days, the worst fall, losing runs

Starts at 100.

  • 14 big-loss days: 59% of your losses−40 -₹1,95,051
  • Worst fall 3% of capital−5 -₹35,229
90

Costs 15 % of the score

How much of what you make you keep after charges and slippage

Starts at 100.

  • Costs took 10% of what you made before costs−10 -₹40,043
89

Consistency 10 % of the score

Does it hold month to month, recently, and on trades it was not tuned on

Starts at 100.

  • 4 of 22 months lost money−11
100

Sizing & holds 10 % of the score

Where the money sits: your biggest trades, how long you hold losers, overnight vs same-day

Starts at 100.

No points lost.

This month against last month Full audit

2026-08 against 2026-04: better on net result, trades won, big-loss days. These are the last two months with at least 10 trades; 8 thinner months are left out of the comparison.

2026-042026-08
Net result+₹19,465+₹36,098Better
Trades won82 %90 %Better
Re-entries after a loss00No change
Flip-flop trades00No change
Big-loss days10Better
Names that lost last month
none of them lost again
0 names0 lost againNo change

Every month

MonthTradesNetWonRe-entriesFlip-flopsBig-loss days
2025-0110+₹27,13670 %000
2025-0311+₹22,31973 %001
2025-0411-₹24936 %000
2025-0510+₹13,91170 %001
2025-0610+₹30,98980 %000
2025-0715+₹3,70260 %001
2025-0810+₹22,08080 %001
2025-0913+₹23,70062 %001
2025-1010+₹23,96180 %001
2025-1110+₹23,72080 %000
2026-0113+₹14,66962 %001
2026-0212-₹7,41042 %001
2026-0411+₹19,46582 %001
2026-0810+₹36,09890 %000

Re-run the audit each month on your new trades; this section is how you see whether the habits named above actually stopped.

Your habits, in rupees Full audit

Your own trades, in rupees from your file. The fixes at the top name the ones that matter; these are the tables behind them.

Ten worst trades

DateNameStrategyHeldNet
2025-10-09NIFTY 25O09Options: Short strangle0d-₹21,748
2025-08-20NIFTY 25821Options: Short strangle0d-₹20,106
2026-05-05NIFTY 26507Options: Short strangle0d-₹18,418
2026-02-09NIFTY 26212Options: Iron condor0d-₹16,740
2025-07-10NIFTY 25710Options: Short strangle0d-₹16,381
2025-03-12NIFTY 25313Options: Short strangle0d-₹15,515
2026-09-09NIFTY 26910Options: Short strangle0d-₹12,950
2025-09-12NIFTY 25918Options: Iron condor0d-₹12,406
2025-05-23NIFTY 25529Options: Iron condor0d-₹11,554
2026-09-03NIFTY 26903Options: Iron condor0d-₹11,218

Ten best trades

DateNameStrategyHeldNet
2025-06-12NIFTY 25612Options: Short strangle0d+₹18,319
2026-02-02NIFTY 26205Options: Short strangle0d+₹17,900
2025-03-03NIFTY 25306Options: Short strangle0d+₹16,268
2025-05-21NIFTY 25522Options: Short strangle0d+₹15,676
2026-05-18NIFTY 26521Options: Short strangle + 1 adj0d+₹14,960
2025-10-15NIFTY 25O16Options: Short strangle0d+₹14,946
2026-04-08NIFTY 26409Options: Short strangle0d+₹14,425
2025-12-03NIFTY 25D04Options: Short strangle0d+₹13,334
2026-10-22NIFTY 26O22Options: Short strangle + 1 adj0d+₹12,474
2026-10-07NIFTY 26O08Options: Short strangle + 1 adj0d+₹11,945

Month by month

MonthTradesNetWon
2025-0110+₹27,13670 %
2025-027-₹4,21743 %
2025-0311+₹22,31973 %
2025-0411-₹24936 %
2025-0510+₹13,91170 %
2025-0610+₹30,98980 %
2025-0715+₹3,70260 %
2025-0810+₹22,08080 %
2025-0913+₹23,70062 %
2025-1010+₹23,96180 %
2025-1110+₹23,72080 %
2025-127+₹23,38986 %
2026-0113+₹14,66962 %
2026-0212-₹7,41042 %
2026-037+₹7,14371 %
2026-0411+₹19,46582 %
2026-059+₹5,71656 %
2026-067+₹15,14571 %
2026-079+₹34,18178 %
2026-0810+₹36,09890 %
2026-099-₹6,16867 %
2026-108+₹42,993100 %

What you keep doing

  • Size: the largest tenth of trades by margin (22) made +₹89,929 and won 73 %; the rest made +₹2,82,344 and won 69 %.
  • Big-loss days (14): 2025-10-09 -₹21,748 on 1 trades; 2025-08-20 -₹20,106 on 1 trades; 2026-05-05 -₹18,418 on 1 trades; 2026-02-09 -₹16,740 on 1 trades; 2025-07-10 -₹16,381 on 1 trades; and 9 more.
  • Most expensive strategies: Options: Iron condor + 1 adj +₹4,238 on 6 trades, won 67 %; Options: Iron condor +₹37,061 on 54 trades, won 70 %. Best: Options: Short strangle +₹2,32,198 on 134 trades, won 67 %; Options: Short strangle + 1 adj +₹98,776 on 25 trades, won 76 %.

By strategy Full audit

Each strategy is judged on its own trades and its own blocks; the verdict at the top is for the whole book. Your file carries no strategy names, so these are trade types the audit can see on its own: segment, same-day or overnight, long or short, and for options the structure. To see your own strategies graded, download the trades below, fill the strategy column, and upload that file together with your trades.

StrategySkill or luckTradesDays / blocksNet / unittt neutralTrades wonNet ₹
Options: Short strangleSkill134134+0.293 %2.682.6867 %+₹2,32,198
Options: Short strangle + 1 adjSkill2525+0.560 %4.306.1976 %+₹98,776
Options: Iron condorUnclear5454+1.412 %0.770.7770 %+₹37,061
Options: Iron condor + 1 adjUnclear66+0.434 %0.850.8567 %+₹4,238

Option positions Full audit

589 option legs on NIFTY were grouped into 219 positions (legs open at the same time on the same underlying and expiry are one position). A position's return is on the capital that stood behind it: margin for short legs (11.5 % of strike × quantity on an index, 20 % on a stock; a short hedged by a long of the same type counts the pair's maximum loss; no offset between a strangle's two shorts), plus the premium paid for long legs. These fractions are assumed -- your broker's margin calculator is the truth -- so read the rupees as exact and the percentages as conservative.

StructurePositionsAdjustedWonNet / position on baseAverage baseNet ₹
Short strangle134067 %+0.293 %₹5,51,680+₹2,32,198
Iron condor54070 %+1.412 %₹41,690+₹37,061
Short strangle + 1 adj252576 %+0.560 %₹7,64,692+₹98,776
Iron condor + 1 adj6667 %+0.434 %₹2,69,030+₹4,238

When you trade: entries, exits, holds Full audit

From the trade list alone. 0 slices were tried against the random-skip null, so about 0 could pass by luck; a flag is a lead to re-check on new trades, never a rule.

Entry hour

EnteredTradesShareAverageWonKept trades' averageChangeLuck p
too few trades in any one bucket to judge

Next: no entries stand out against a random skip; nothing to change here.

Exit hour

ExitedTradesShareAverageWonKept trades' averageChangeLuck p
too few trades in any one bucket to judge

Next: no exits stand out against a random skip; nothing to change here.

Hold length

HeldTradesShareAverageWonKept trades' averageChangeLuck p
too few trades in any one bucket to judge

Next: no holds stand out against a random skip; nothing to change here.

Median hold: winners 340 minutes, losers 340 minutes (1.0x). The 99 trades held past the winners' median averaged +0.985 % and won 66 %.

Held to the close

Needs the instrument's close on each trade's exit day. Add a close column to a trade list and every trade is re-priced as if held to the close, same costs. A broker tradebook cannot carry it; the broker-data phase of the full audit will. What no trade list can show: the best and worst price each trade saw, so whether a time stop or an earlier exit would have helped.

The numbers behind the verdict skill or luck, the untouched test, capital, charges, every slice

Skill or luck: the numbers Full audit

The whole book, all segments together. Each row is one slice of your trades; t per day treats each trading day as one result (trades on the same day move together) and is the score to quote. What the t columns mean: t is the steadiness score -- how many times bigger the average gain is than the swings around it. Under 1: could easily be luck. 1 to 2: maybe skill. Over 2: too steady to be luck. t per trade counts every trade; t neutral is the score after NIFTY's own move during each trade is taken out.

DaysTradesGross / dayNet / dayt per dayt per tradet neutralDays won
All trades219219+0.793 %+0.603 %1.331.331.4969 %
Last 12 months114114+0.743 %+0.576 %1.071.071.2873 %
Without best and worst day217217+0.938 %+0.756 %1.971.982.1769 %
Half: 2025-01-01 .. 2025-11-06110110+0.975 %+0.766 %1.061.061.0966 %
Half: 2025-11-07 .. 2026-10-22109109+0.608 %+0.439 %0.800.801.0272 %

Best day 2026-04-20 (+₹5,300), worst day 2025-09-12 (-₹12,406).

Return on your capital Full audit

Capital here is the peak margin the book needed -- the least capital that would have carried it. Enter your real capital on the upload page for the true percentages. Margin per trade is a modelled fraction of turnover (the fractions are in "How this was read"); an option position uses its own base.

Capital₹11,42,180peak margin, 2026-01-14
Net return on capital+32.6 %+18.0 % a year; 660 days
Deepest drawdown-3.1 %of capital
Peak margin in use₹11,42,1802026-01-14, 1 position open
Typical active day₹4,42,50239 % of capital; 219 of 660 days active
Most positions open at once1
Return on margin per trade+0.60 %t per day 1.33
SegmentMargin assumedTradesAvg marginNet ₹RoM / trade, meanmedianRoM / margin-day, medianWon
Option positionsown base219₹4,42,502+₹3,72,273+0.60 %+0.64 %+0.64 %69 %

RoM per margin-day = net / (margin × days held, at least one): the unit that compares segments on capital rather than on turnover.

Did it keep working on untouched trades Full audit

No split date was given, so the last 30 % of trading days (from 2026-03-20) are held out and judged on their own. If you tuned the strategy on all of these trades, this is not a true out-of-sample test -- tell us the date you stopped tuning. PASS needs a positive net per day, a steadiness of 1.5 or more after the market's move is taken out, and a positive market-neutral average.

DaysTradesGross / dayNet / dayt per dayt per tradet neutralDays won
FAIL Before153153+0.820 %+0.621 %1.081.091.1965 %
FAIL After6666+0.728 %+0.563 %0.780.780.9377 %

Year by year Full audit

DaysTradesGross / dayNet / dayt per dayt per tradet neutralDays won
2025124124+0.985 %+0.778 %1.201.201.2468 %
20269595+0.542 %+0.374 %0.600.610.8371 %

What charges do to you Full audit

Average cost 0.190 % per trade against an average gross +0.793 %. If your real fills are worse than modelled, the 2x line is the one to believe.

Net / dayt per dayDays won
0x costs+0.793 %1.7469 %
1x costs+0.603 %1.3369 %
2x costs+0.414 %0.9167 %

Which trades to question Full audit

1 of 17 slices pass the bar (skipping them lifts the kept trades' average by 10 % or more, refuses no more than 40 % of trades, and beats a random skip of the same size at 5 %). 17 slices were tried, so about 1 could pass by luck alone: treat a flag as an idea to test on new trades, never a rule.

SliceTradesShareIts averageWonKept trades' averageChangeLuck p
Weekday: Friday3918 %-1.946 %51 %+1.155 %+92 %0.013
Trade type: Options: Short strangle13461 %+0.293 %67 %+1.092 %+81 %0.203
Structure: Short strangle13461 %+0.293 %67 %+1.092 %+81 %0.223
After: a winning trading day15068 %+0.421 %73 %+0.999 %+66 %0.275
Structure: Iron condor + 1 adj63 %+0.434 %67 %+0.608 %+1 %0.377
Trade type: Options: Iron condor + 1 adj63 %+0.434 %67 %+0.608 %+1 %0.384
Side: Long2511 %+0.560 %76 %+0.609 %+1 %0.398
Structure: Short strangle + 1 adj2511 %+0.560 %76 %+0.609 %+1 %0.425
Adjusted: legs added later3114 %+0.535 %74 %+0.614 %+2 %0.430
Trade type: Options: Short strangle + 1 adj2511 %+0.560 %76 %+0.609 %+1 %0.431
Weekday: Wednesday4721 %+0.716 %68 %+0.572 %-5 %0.553
Weekday: Tuesday4320 %+0.808 %77 %+0.553 %-8 %0.555
Weekday: Thursday4721 %+1.152 %74 %+0.453 %-25 %0.699
After: a losing trading day6831 %+0.990 %60 %+0.429 %-29 %0.699

How this was read

  • broker tradebook: 1178 fills matched FIFO per instrument into 589 round trips
  • no strategy column: trades were grouped into 3 trade types by segment, hold, side and entry time (fewer than 8 trades folded into 'other'); name your own strategies in the report to grade each one
  • costs in rupees from each trade's own turnover: statutory stack (2026-10 (STT per Budget 2026, eff 1-Apr-2026)) + brokerage Rs 20 per order + GST; no slippage added -- real fills carry it in the price
  • OPTIONS: 589 option legs on NIFTY grouped into 219 positions (legs open at the same time on the same underlying and expiry are one position; 31 with legs added later). Return base per position = margin for short legs (index 11.5 % of strike x qty, stock 20 %; a short hedged by a long of the same type counts the pair's max loss; no offset between a strangle's two shorts) plus premium paid for long legs -- ASSUMED, verify with your broker's margin calculator
  • MARKET-NEUTRAL: each trade minus the NIFTY move over its hold, signed for its side (a same-day trade uses the previous close -> close, a proxy for an intraday window); 194 delta-neutral option positions carry no adjustment (directional ones use the sign of their structure, a partial one)

Not checked here

  • Whether the rules used any information that was not available at the moment of the trade (look-ahead). Only you can confirm this.
  • Whether these exact trades were chosen after trying many variants. A strategy picked as the best of 50 needs a far higher bar.
  • Fills: limit orders that would not have filled, circuit limits, and impact on thin names are not modelled beyond the slippage line.
  • Margin, leverage and position sizing: returns are per trade on its own turnover; option positions use a modelled margin base, not your broker's SPAN, and expiry-day exercise STT is not charged.

Your trades, as read

Every trade this audit counted, one row each, with a strategy column to fill in. Name your strategies in it, then upload it together with your trades file and each strategy gets its own grade.

Name your strategies

Your file carries no strategy names, so the audit grouped trades into types it can see. Name your own: describe each strategy the way you think of it and every trade that fits attaches to it; a trade that fits two goes to the first one listed; the rest stay "not named". Then re-grade and each strategy gets its own skill-or-luck read, its own habits, its own rupees. Nothing is saved on our side: download the strategies and upload them with next month's trades to keep the same names.

Or tag a few trades and let the audit work out the rule

Type the strategy name against five or six trades of each kind below, press Work out the rules, and the audit says what those trades have in common and how many more fit. A name typed against a trade always wins over a rule.