Original subtitles

again I will repeat this if you want to kind of change this and

reflecting you know what were those wins why did those wins

the market as best you know as possible and then what area of

community as I'm sure others will also benefit from that

creation you know that's a bit more tailored towards your

style of training please feel free to share that in the

of trading that you can focus on the next quarter that is

then it's just very kind of simple questions here to answer

place kind of on notion so obviously it doesn't have quite

template for you okay and yeah if you do kind of come up with

the same capabilities as some automated software or you know

going to be even better than the one you just had now that

excel for instance in terms of recording quantitative data but

doesn't always like I said in the previous lesson doesn't

obvious reasons then obviously talk about here what have you

all of your coursely reviews again and then you can answer

sort of quantitative and both the qualitative side all in one

something bit more interesting or or a bit better or your own

one that's in in the in the where it will generate the new

be just having that even more bird's eye view and you're

edit any of this make sure you actually do that in here the

have quite big enough confidence in or you need to

know the rule the 8020 what is that one you know 20 percent

qualitative side of things so yeah take this away remember

that is going to have the biggest impact on 80% of my

these when you are you know putting your feet up at the end

and paste those key lessons from your weekly review you can

think a pretty good process for trying to combine the the more

year so yeah that kind of wraps it up in terms of you know I

coursely review where you'll then be you know read through

that you are going to be looking for and of course very

complete your month so for instance let's say you know

management or whatever they're the types of qualitative things

actually if you kind of just take that one big thing you

of the year and you're getting ready to smash the proceeding

I think this is a pretty decent start especially for the

those same mistakes or you feel more confident in your

similar that will all feed into your annual review I won't go

through all of these questions but it's very similar to your

right to to try and nail and focus on test improve refine

always mean it's going to be reflected in your PNL but it

potential okay you will always know at this point especially

of them at once it can be a little bit overwhelming but

you know you think you need to flush out a bit more you don't

you know you'll notice it right whether whether you stop making

results and that can be your main big goal for that quarter

lessons and everything and if you try and kind of correct all

after a quarter in three months worth of trading you will have

going to bring the single biggest improvement to your

they're the things you need to think about and make sure that

a very good idea of you know what bits of your trade plan

build some more rules or you need to go and test okay and

results now I often find you can you can have tons of key

this will kind of feed into you know what is the one main area

whatever that is going to make sure your next quarter is

you're doing those again so you can repeat that performance in

your trade plan have you not developed to its fullest

want to just chuck them down the and then you want to fill

reviews and you can essentially paste them into here you might

bring in that momentum and that motivation into the following

repeat again so this is why you need to spend the time really

well okay so exact same thing you'd obviously put in your

were consistent with eating healthy you were consistent

with this you know there's some barriers that you think are

with working out you weren't drinking or whatever right

on this trade that you might need to keep an eye out on if

there's always a lesson there if you look enough so make sure

people would have gone through the same problems that you're

whether it's you're playing the four hour continuation of your

your high time frame, medium time frame, a lower time frame

example you just click the trade template here and it will

place to try and prevent that from reoccurring and on the

up any sort of your your text version of your notes as well

trades there your strike rate your net PNL and then

all of your minimum criteria then it's a valid trade and you

often find that you know from if you were to copy and paste

evolve and grow as you grow as a person right and as your life

guarantee if you look hard enough you would have grown you

want to I guess summarize the key lessons that you had from

any of those mistakes and of course also what wins have you

kind of again you you you're answering the same questions

your your checklist you may have it separated into your

those things keep repeating you know in terms of maybe you're

implement to try and and see if we can get you you know yeah to

got a spending mistake there doesn't have to be you know a

time have a reflection on that but more importantly what are

always be a a high point there even if you think you haven't I

don't actually do anything to change it they kind of just

obtained this month there will always be wins the deadline or

is kind of an area in which you can do that and you can record

the actual performance for you know within each of those

you going to do you know what what what things can you put in

of see what your your true strategy performance should be

having and as always reach out to me and I'll see if I can

want to over customize this for you guys but you might have it

what even if you think you've had the worst **** month ever I

questions within here right now one thing I think is always

overcome those barriers that you have identified were

total statistics for that quarter and there's a few more

and kind of put words in your mouth here because all of you

month so once you've done your monthly review of course repeat

certain environment or whatever to ensure that those wins

all of your weekly and monthly lessons into here it would be a

happen was it because you know everything was going great in

don't just hope you know on faith get practical here what

terms of you were consistent with getting to bed early you

need to try and overcome okay now I'm sure of the space of

hard work you've been putting in and then again importantly

trader just find that this kind of really helps to to focus and

that are repeating here from a courty perspective that you

three months especially if you're quite an active trader

trade plan or make a kind of shorter version of this here

review here now before you go into there what you would do is

summarize it here it's just a really good way to do that and

guarantee there will be there may be **** tons of them put

are you going to do right whether that's creating a

out on going into the next month because then when you

the main barriers that have been holding you back that

there would have been some you know low points during that

flip side to that what is the high point okay there will

seeing kind of what are those real you know long term things

separated into different entry models on the lower time frames

then obviously now looking back over the quarter you're you can

sharpen the mind obviously your motivations will slightly

them all here this is your time to celebrate them celebrate the

changes but it's good to just reflect on this yeah for

holding you back but you're not quite sure maybe what you could

in month out they know the problems that you have but they

here right as you would be on your weekly and monthly reviews

month right so you need to really be honest to here really

probably three or four you know key categories that all of

all of your weekly key lessons and all of your monthly key

review where you can just put your total weekly are and then

hell of a long list but you would see that it'd be kind of

still you know still got your health whatever put your wins

important do is to constantly remind yourself you know your

take the time to kind of reflect on on how the how the

you can kind of comparing that to your actual performance and

obviously just bring those three or four out here and just

in here and make sure you end that month on a high so you

through the month right you haven't blown an account you

sitting there and hoping that their willpower you know will

those lessons could could be filtered into so you want to

the the things that you have implemented to to help you

lessons kind of try and bring out the main ones here you'll

go through those barriers and and stop potentially forming

right so you can put those into here then what are the major

holding you back when you were doing your monthly reviews

actually implemented this month to improve your performance

okay that will kind of be closely related to to the the

trading lessons you've learned so this is kind of where you

you celebrate that make sure you celebrate you've come

be strong enough but that's not usually going to be the case

overcome those barriers now as always if you need any help

would have got key lessons right losses are lessons

help you as well with any you know plans that we can

barriers right just so you know people just keep coming month

your motivations and what is driving you to succeed as a

the same process and then we have a quarterly reviews as

do as always please feel free to you know jump in the

of categorise your trades into different well categories this

potentially invalid trade you have taken that actually

implement a practical plan for for for you overcome those

categories there and then you can have a total R as well for

some kind of innovative or creative ways in which you can

are going to have slightly different trade plan but this

weren't and not a part of your plan and that way you can kind

a lot of people don't do so that actually you know try and

playing a four hour pullback right I'm not not going to try

you get to the end of the week then you can add your weekly

is kind of just to give you a rough example of if you do kind

losing trades total break even trades obviously got your total

or maybe you categorize your your trades by kind of you know

out these statistics okay so you know your total wins total

your monthly review right so you would go into your October

again you can just write in here your key lessons for the

screenshots there that you can put in and of course any type

potentially if you have your entries kind of again I don't

October and then you have your four weekly reviews here one

level overview of things that you want to be keeping an eye

spoke about and then kind of your key lessons from that

we're in October now you complete this for the whole of

know whether you're making mistakes any you know just high

a visual glance where your wins and your losses and and your

week kind of just your your you know how did the week go you

you would copy all of the key lessons from your weekly

then your next step at the end of the month is to go and do

break evens are or whatever and that's kind of just a quick

nice way to to keep a track of your journal and obviously as

criteria that you need for that to be a valid trade then you

put a nice little ticks there and then you can quickly see it

community I can pretty much guarantee you one else or many

it's pretty simple it's pretty self expansion is let's say you

holding you back and then most importantly this is a step that

minimum criteria right so all of these you obviously put it

mistakes potentially any observations that you're making

okay so we going to try and get practical here try and think of

sure you just kind of copy and paste that in from your actual

month has gone you know what are the main barriers that are

improve or increase the probability of your trade

there and you can tick these along as you're reviewing the

your management then your psychology journal as we just

profit out of these positions things like that right and yeah

populate in here is the sort of essentially your trade pan your

and that's pretty much it and then obviously if it was a win

chuck them all into here then you can look at okay what are

you know writing up your full trade review here obviously

trade right what could you have done better did you make any

your management plan so you can kind of you know get more

can click yes otherwise obviously no. Um so yeah make

cutting the trades you know too short maybe you need to change

minimum criteria for the trade to be valid but Obviously it's

right. So you can add these in here. Now obviously if you tick

wanted an exit early whether you felt you know FOMO going to

it's a valid trade right you've ticked every bit of minimum

simply for the purposes of this journaling and if you've got

direction something pretty simple like that then you got

nice to kind of have these these technical confluences to

format such as the pair that you traded and potentially the

so actually this would be a good section where you can copy

trade to make sure that you you know essentially have you know

may have additional things in here such as inducement or

trade journal too so the way the calendar works you know

view here but you will add in trades each day as you take

the date you can obviously add the time as well I'm just doing

populate it for you now at the top you know you can just use a

whatever whatever for you is not minimum just realize you

them kind of as their own separate pages and it's kind of

now another way you can do it is essentially using a calendar

right you can just be a little bit more extra if you want and

guys to take ownership of this and add in the relevant you

know you you can see the trades here right but let's say we

you know you might wanted to cancel an order you might have

leave this here as a decent starting point for you guys so

difference I've tried not to kind of over customize the

want to add another trade that you took on the seventh for

trade anything like that this is a key area to keep track of

that with your trades so that's kind of only the real key

that's kind of if you want to use a spreadsheet or a table

know metrics that you want to track but I'll kind of just

a useful way to sort of visualize and organize your

columns in the spreadsheet to my because I really want you

in here you can just keep a track of any you know any well

compared to template compared to the one in your case studies

and back testing is you have your psychology journal here so

example. Um so you guys should know how to use this. So I

reviews in a second but basically you have kind of two

that you can use for here. Um really the only difference

come down here. There's a slightly different template

won't talk you through this other than obviously when you

if you open up the spreadsheet this is basically the exact

this pretty quickly just for the sake of this video and

main options available to you. One is using sort of more of a

spreadsheet approach and one is using a calendar approach. So

let's just say it was a 10 R trade now what you may want to

same one from the the back testing and the case studies

psychological thoughts you had during the trade right perhaps

you're going to have your your save changes in there whereas

because basically the one that you want to edit is the

template and that is where you can kind of customize your own

up here that will generate a new trade journal for you So

one and then in the future whenever you click this button

template within here right that's the one you want to

change because then when you go to click this every time then

in here right so if you want to make changes again click in

here click the settings button and then open this up this

make it one that I've already made for you I'll show you why

going into actual trade journal we're going to look at the

date now whenever you want to create a new one obviously just

into here right if you want to edit this and obviously mold

click into here and this will generate a new trade journal

this into your own and make any adjustments don't don't don't

if you just change this one it's only going to be you know

in a second but if you want to well I'll show you when I click

want to otherwise you can just delete this but the bit that

for whatever year you're in you can obviously just change the

database into here and have that as a quick access if you

dive into that you will see this and this is just an

I'm going to bring you to is this trade journal section here

opportunity for if you are someone who does use an Excel

so in here basically you'll see the pre-populated journal here

spreadsheet or maybe a Google sheet you can link your your

dashboard here's your trade journal right now before we

quantitative side of your analysis kind of into you know

that is the correct phrase I don't know anyway on your

for you now I'm going to show you what the journal looks like

sort of a streamlined you know one foot size all solution if

kind of slimline this this process as much as possible for

Alright so we're now going to look at the you know the more

practical side of the journaling process now try to

you guys combining both the qualitative and the

enjoy.