Determining Trade / Edge Score
The Edge score is an advanced scoring system developed by Axi to assess the performance of our traders. It uses a sophisticated algorithm and considers various factors related to your trading activity. The combination of these four factors gives us the Edge score, a comprehensive overview of your trading performance, allowing us to assess and nurture talent in the Axi Select program.
The four factors used to calculate the Edge Score are:
- Skill: Measures your ability to generate profits whilst managing drawdowns.
- Risk: Measures your ability to manage risk effectively.
- Consistency: Measures your ability to produce consistent gains and demonstrate an understanding of market dynamics. Traders who consistently generate steady profits will score highly.
- Experience: Experience assesses whether you meet the minimum criteria for displaying credible trading experience. This component of the score works as a discount factor, which rewards traders who have a longer and positive track record by applying a smaller score reduction.
We also reward traders for experience in the market which factors in the number of trades placed and the traders' ability to show consecutive days of positive PNL in their account.
The Edge score serves a dual purpose within the Axi Select program:
- To assess your trading performance for progression in the program, and
- To assist you on your trading journey.
By leveraging the score and its various components, you can analyse areas of improvement and gain valuable insights as to how to enhance your skills as a trader*.
To access your Edge score, simply login to your Axi Client portal and navigate to the "Axi Select" section in the Tools menu. There, you'll find a button labelled "Go to your Dashboard," which will display your score.
Please Note: Your Edge score will also appear in the top right corner of your Client Portal when you are logged in. However, please note that for a more precise score, refer to the value displayed within of the Dashboard.