Longer-Term Reviews
Table of Contents
Longer-Term Reviews
Weekly
- Trading Performance Review
- a) Review trading stats for the week for all trades, and all monitored subsets of trades
- i) Win%
- ii) Win / Loss Size Ratio
- b) Identify and analyse any deficiency or greatly improved performance
- c) Note any observations in the trading log
- a) Review trading stats for the week for all trades, and all monitored subsets of trades
- Trading Log Review
- a) Review the trading log for all sessions.
- b) Confirm all significant observations have been recorded in the lessons learnt, market structure and trades journals.
- Market Replay Session
- a) Conduct market replay of any key trades or sequences of price action.
- Personal Performance Review
- a) Consider my personal trading performance in the following areas:
- i) Health
- ii) Mindset
- iii) Focus
- iv) Discipline
- v) Attitude
- b) Identify areas for improvement.
- a) Consider my personal trading performance in the following areas:
- Develop process goals for the next week.
- Confirm money management figures for the next week.
Monthly
- Trading Performance Review
- a) Review trading stats for the month for all trades, and all monitored subsets of trades
- i) Win%
- ii) Win / Loss Size Ratio
- b) Identify and analyze any deficiency or greatly improved performance.
- a) Review trading stats for the month for all trades, and all monitored subsets of trades
- Study new entries in the lessons learnt, market structure and trades journals.
- Complete trading plan review.
- Develop process goals for the next month.
Bi-Annual / Annual
- Am I enjoying myself?
- Have I achieved my trading goals? Why? Why not?
- Are my trading goals still relevant?
- Have I achieved my reasons why? Why? Why not?
- Are my reasons why still relevant?
Trading Plan Review
- Is my trading plan current? Does it accurately reflect how I trade?
- What is the strongest part of my trading plan? What can I do to improve it?
- What is the weakest part of my trading plan? What can I do to improve it? What can I do to minimize the risk or impact?
- What is the area of my trading plan that I haven’t really developed to its fullest potential?
- Do I really know whether my plan provides a positive expectancy? How do I know?
- What is one thing I could do right now to improve my pre-trading preparation?
- What is one thing I could do right now to improve my identification of setups?
- What is one thing I could do right now to improve my entries?
- What is one thing I could do right now to improve my trade management?
- What is one thing I could do right now to improve my exits?
- What is one thing I could do right now to improve my post-trade review process?
- What is one thing I could do right now to improve my record keeping?
- What is one thing I could do right now to improve my longer term reviews (weekly, monthly, biannually)?
- What is one thing I could do right now to improve my discipline?
- What is one thing I could do right now to improve my consistency?
- What is one thing I could do right now to improve my trading psychology?
- What is one thing I could do right now to improve my money management?
- What is one thing I could do right now to improve my risk management?
- What do I fear most in my trading?
- What am I embarrassed to talk to others about when discussing my trading?
- What was the low point of the last period? What will I do to prevent that reoccurring?
- What was the high point of the last period? What will I do to ensure that repeats again in future?
- How do I plan to improve in coming months?
- Review the layout of the supplementary journals and logs. Is there scope for improvement?