Glossary / Market structure
Trading session
Definition
The defined hours a market is actively traded, such as London or New York.
Why it matters
Breaking P&L down by session is one of the fastest wins in any journal because most traders are profitable in only one of them.
Example
London opens 08:00 UK and New York 09:30 ET; the 13:30-16:00 UK overlap carries the most volume and the widest ranges in FX.
How to track it in a journal
TradeStack calculates the core performance numbers — win rate, average win and loss, profit factor, expectancy, drawdown and consistency — automatically from imported trades, so trading session stops being something you estimate and becomes something you read.
Related terms
Questions that use this term
Keep reading
Trading journal guides
Expectancy, profit factor, drawdown, backtesting and the PDT rule.
Free trading calculators
Position size, risk-reward, expectancy and options profit.
Expectancy calculator
Expected profit per trade from your own numbers.
Broker CSV export guides
Step-by-step exports for Tradovate, NinjaTrader, IBKR and more.
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