Tags: setups and mistakes
Two short tag lists turn hundreds of trades into clear answers about what to keep and what to cut.
Tags group your trades so patterns jump out. With 50 or more tagged trades, you can see exactly which setups pay and which habits cost you.
Setup tags
- Keep the list short, 3 to 6 setups you can recognise every time.
- Name them by what you see, like London breakout or Pullback to the 50 EMA.
- Retire setups that stay negative after a fair sample.
Mistake tags
- Moved stop, Early exit, Revenge trade, Oversized, No plan, Chased entry.
- Tag a mistake even on a winning trade. Lucky mistakes are still mistakes.
- Put a price on each one: total what every tagged trade cost.
In Alchemyfolio, Reports → Habits shows the money each setup made and each mistake cost, so the next rule to work on picks itself.