Trades per trading day
Shows how many trades you made on an average day when trading actually happened.
Trades per trading day ignores empty calendar days and looks only at dates with at least one trade. It is like averaging gym sets only across days when you actually went to the gym.
The metric helps understand trading pace. It can show whether activity is stable, whether a playbook is becoming more frantic, or whether a period has only a few isolated sessions.
Less than one or one to five trades per trading day can be normal for slower styles, while ten or more usually points to active intraday trading. Higher is not automatically worse, but it deserves context from results and risk. A common mistake is to divide by all calendar days and make activity look artificially low.
Example: in a month with 20 weekdays, trading happened on 6 days. The counts were 3, 4, 2, 5, 1 and 3 trades, for 18 trades total. Trades per trading day is 18 / 6 = 3, not 18 / 20 = 0.9.
How we compute it
A trading day is a date with at least one trade; no-trade days are excluded from the average. Calendar grouping uses the normalized time basis so accounts remain comparable.