Info!! A Procedure Framework For Reviewing 2014 Trading Performance

Ah, yes:  to a greater extent than wisdom from those purveyors of Despair!  Influenza A virus subtype H5N1 positive mental attitude may live on necessary if we're to larn from experience, precisely it's non sufficient.  Change entirely happens when nosotros plow observations into goals in addition to goals into corrective actions.

As nosotros acquire to year's end, I uncovering a await dorsum on the year's trading to live on real helpful inwards identifying goals for the coming year.  One means of accomplishing that is to pause trading downwards into constituent processes in addition to map out what you've done good inwards each expanse in addition to what you lot postulate to improve.  Goals tin live on all near extending strengths in addition to becoming to a greater extent than consistent amongst what you lot produce good too equally shoring upward weaknesses in addition to correcting mistakes.

So here's a starting betoken for a written report carte for your year's trading.  Give yourself an A, B, C, D, or F degree inwards each category, followed past times a forcefulness or weakness-related destination for each:

• INFORMATION COLLECTION - Consistently gathering useful data that is relevant to your trading
• IDEA GENERATION - Engaging inwards creative thought to plow data into unique in addition to promising ideas
• TRADE STRUCTURING - Expressing ideas equally trades that possess promising risk/reward
• EXECUTION - Entering trades at levels that render promising risk/reward; exiting trades at planned targets
• POSITION/RISK MANAGEMENT - Sizing positions appropriately for run a peril command in addition to targeted reward; using hedging in addition to scaling inwards in addition to out of positions to dynamically handle risk/reward
• PORTFOLIO MANAGEMENT - Assembling ideas in addition to trades into a coherent whole where each merchandise provides potential unique returns; monitoring correlations in addition to managing run a peril in addition to vantage effectively across the portfolio
• SELF-MANAGEMENT - Keeping yourself inwards optimal mental, physical, emotional, in addition to spiritual status to brand audio decisions in addition to sustain a high unloose energy aeroplane

Your ain trading may include fewer or to a greater extent than categories; these are ones I uncovering peculiarly relevant across traders.  The thought is to approach your trading the means a Dr. approaches diagnosis:  assessing the wellness of every facet of your functioning.  By turning your performance review into a procedure review, you lot are to a greater extent than probable to pinpoint areas of piece of job that tin brand a meaningful divergence to the bottom business inwards 2015.

Further Reading:  Goal-Setting in addition to Performance
.