Separate mistakes from losses

A rule-following trade can lose, while an impulsive trade can profit. Record behaviour independently of outcome so that a fortunate result does not excuse an avoidable process failure.

Describe an observable issue

Replace vague self-criticism with an observation: entering before confirmation, or omitting spread costs. Address one recurring issue at a time so that subsequent results can be connected to a specific change.

Create a review trigger

Repeated deviations can trigger a pause and a review of orders and logs. Increasing exposure to recover losses can compound the problem. Note market conditions as well as the reason for each action.

Change one recurring issue

If several records omit release times, add an event-and-time field first. Then check whether unexpected announcement exposure still occurs. Changing instruments, time frames and parameters simultaneously would make it harder to determine whether the specific recording problem had actually been addressed.

Source and reading notes

This is an independently written educational overview based on the ATFX reading linked below. Examples are illustrative, not live quotes or forecasts. It does not reproduce the original article or imply endorsement by its author.