HOW TO PROPERLY REVIEW YOUR TRADING AND PLAN FOR THE NEW TRADING WEEK
Read to the end, you will learn one or two
I know you already have a way of doing it, but still listen. And if you don't have a way, this is a good place to start.
1. Review all your trades for the week
Open your TradingView and go through every trade you took during the week.
- The ones that hit SL: why did they hit SL?
- The ones that hit TP : can you replicate that setup again?
- The ones you missed: why didn't you see them until after they played out?
Check what you missed, the details you overlooked, and why you didn't spot them. This helps you identify those opportunities better next time.
2. Write everything down
Journal your emotions throughout the week.
- How did you feel while trading?
- Were there trades you doubted before taking?
- Why did you doubt them?
- Was the confirmation not clear enough?
- Was there another reason?
Whatever the reason is, write it down in your journal. And if you don't have a journal yet, go and buy one. Thank you.
3. Review your trading account
Go to your MT5 or MT4 account. If you trade a prop account, review that too.
- How many percent are you down?
- How many percent are you up?
The reason for this is so you can create a proper plan for the new week.
For example, if you're deep in drawdown, you may decide that for your first two trades of the week, you'll reduce your risk to 0.5% instead of 1%.
This helps protect your account and prevents unnecessary losses.
You should also review your PNL and ask yourself:
- Was I stacking positions unnecessarily?
- Was overexposure one of the reasons I lost money?
If the answer is yes, then your goal for the new week should include reducing unnecessary stacking.
4. Create a goal for the new week
Take everything from the first three steps and put it together.
Use your review to create a clear goal for the week ahead.
- If your goal is to come out of drawdown, focus on that.
- If your goal is to make 3% or 5%, that's fine too.
Your review should guide your plan.
For example, if your review shows that you're in drawdown, then your priority is to recover responsibly. You may decide to risk only 0.5% on your first two trades before increasing your risk again.
That is how you improve week after week.
WE MUST WIN
I hope it helps?
Model 6 & 7 is the ICT universal Model that' works on every Time Frame !!!
The Accuracy is on a different level entirely
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