Weekly and monthly review
A journal you never review is a diary. Weekly: fix one behaviour. Monthly: check if the whole thing works.
Key points
- Judge the week by decisions, not results. A good loss is fine; a broken rule isn’t.
- Small samples are noisy. Raise risk only after several good months and good behaviour.
Weekly (30 min)
- Trades ____ Net ____ R
- Rule breaks ____ (which?)
- Most expensive mistake: ____ R
- ONE rule to test next week: ____
- Risk next week: normal / reduced / paused
Monthly (60 min)
- Net ____ R, expectancy ____ R a trade
- Max drawdown ____ %
- Costs $____ = ____ % of account
- Result by setup and session: ____
- Cost of rule breaks: ____ R
Decide
- Keep / change / drop each setup
- Risk next month: same / lower / pause
- Pay myself ____ % of profit
- Plan updated and dated
- Statement saved for my records
Watch out
- Changing three rules at once.
- Reviewing only after losing weeks.
- Judging in dollars when your size changed.
Key line: One change a week. Big decisions once a month.