The P&L Analysis page gives you a deep breakdown of where your profits and losses come from. It goes beyond the simple total P&L number to show you distributions, averages, and patterns that are essential for improving your trading.
The top section displays your P&L distribution as a histogram. Each bar represents a range of trade outcomes, and the height shows how many trades fell in that range. A well-performing trader typically has a distribution skewed to the right (more winning trades) with a longer right tail (occasional big winners). If your distribution has a long left tail, it suggests you may be holding losers too long.
Below the distribution you will find a table of key metrics: average win, average loss, largest win, largest loss, win rate, profit factor, expectancy, and payoff ratio. These numbers are the foundation of your edge. Katalyst also shows these metrics broken down by day of the week, time of day, and instrument, so you can identify when and where you trade best.
The P&L by day chart shows your net result for each trading day as a bar. Green bars are profitable days, red bars are losing days. This view is great for spotting streaks — both winning and losing — and understanding your day-to-day consistency.
You can export any chart or table from the P&L Analysis page as a PNG image or CSV file. This is handy for sharing your performance in your trading groups, applying for funded accounts, or keeping records for tax purposes.