What is Process Grade, and why does it ignore my P&L?

It grades how well you followed your own process on a trade, with profit and loss excluded from the calculation entirely. A well-executed loser scores 100%.

Every other journal grades outcomes, which quietly teaches you that a winning trade was a good trade. Over any small sample the market pays out more or less at random, so the only thing worth grading is whether you did what you said you would do.

That is not a slogan here — it is enforced. Nothing in the grading code reads your net P&L, your gross P&L, or whether the trade won, and there is a test asserting exactly that. A badly-executed winner scores low, and it is supposed to.

The Execution tab's Process Grade sub-page plots execution quality against outcome, so the two interesting quadrants separate out: well-executed losers, which are the trades you want more of, and badly-executed winners, which are the ones that will hurt you eventually. "Well executed" means four of the five components came back clean.

It is the same grade as the Journal's Grade column — same five checks, same arithmetic, shown per trade there and in aggregate here.