Step-by-Step Tutorials
Tutorial: How to Review a Losing Trade Productively
Most traders don't review losses correctly — this framework turns a loss into your most valuable learning.
Key rules
- Wait until after the session to review — not in the moment
- Categorise: plan followed (accept) vs. plan deviated (analyse)
- Identify the exact emotional trigger for any plan deviation
- Score trade quality on process, not on profit/loss outcome
- Add a countermeasure to your plan for each identified deviation pattern
Step 1: Wait until after the session — never review in the moment. Step 2: Categorise the loss: (a) I followed my plan and it lost; (b) I deviated from my plan. If (a), the loss is fine — your edge requires losses. If (b), identify exactly where and why you deviated.
Step 3: Identify the emotional trigger. Step 4: Add a specific countermeasure to your plan. Step 5: Score the trade on process quality (0–10) regardless of outcome.