How to Review Your Trading Performance: A Weekly Checklist
Trading without review is gambling without learning. A structured weekly review turns your trading experience into compounding improvement. Here's a checklist to make your reviews effective and actionable.
thrive.fi- Weekly review (30-60 min) turns experience into learning. Without it, you repeat mistakes.
- Review statistics, process adherence, patterns, and set ONE focus for next week.
- Thrive auto-calculates stats and AI highlights patterns—making reviews efficient and comprehensive.
Why Weekly Review Matters
Experience without reflection is just repetition. You can trade for years and never improve if you don't review. Weekly review forces you to confront what happened, understand why, and plan to do better.
The goal isn't to beat yourself up over losses. It's to extract lessons from every week—wins and losses. What worked? What didn't? What will you do differently? This is how good traders become great traders.
Schedule 30-60 minutes each weekend. Make it non-negotiable. This small time investment compounds into massive improvement over months and years.
The Weekly Review Checklist
Cover these areas systematically each week:
Statistics Review
Process Audit
Emotional Analysis
Pattern Identification
Next Week Planning
Key Review Questions
Answer these questions honestly each week:
Weekly Review Questions
What worked well this week?
Focus: Identify strengths to repeat
What didn't work?
Focus: Identify problems to fix
Did I follow my rules?
Focus: Process over outcome
What patterns do I see?
Focus: Recurring issues or strengths
What will I focus on next week?
Focus: One specific improvement
Common Patterns to Watch For
| Pattern | Sign | Fix |
|---|---|---|
| Overtrading | More trades = worse performance | Set daily/weekly trade limits |
| Revenge trading | Big losses after small losses | Mandatory break after losses |
| FOMO entries | Chasing, late entries | Wait for pullbacks, set alerts |
| Fear exits | Cutting winners early | Let trades hit targets or stops |
| Sizing mistakes | Big losses on oversized trades | Fixed sizing rules |
Turning Insights into Improvement
Pick ONE focus
Don't try to fix everything. Pick the most impactful issue and focus on that alone.
Make it specific
Not "trade better" but "no trades after 2 consecutive losses." Measurable focus.
Track it next week
Did you improve on your focus? How many times did you succeed/fail?
Iterate
Once mastered, pick the next focus. Continuous small improvements compound.
Frequently Asked Questions
Why is a weekly review important?
Weekly review turns experiences into learning. Without review, you repeat mistakes and miss patterns. A structured weekly review (30-60 minutes) identifies what worked, what didn't, and what to focus on next week. It's how you compound improvement over time.
What should I look at in my weekly review?
Key areas: (1) P&L and statistics (win rate, R multiple), (2) Rule adherence (did you follow your system?), (3) Best and worst trades (what made them good/bad?), (4) Patterns (recurring mistakes or strengths), (5) Emotional state impact, (6) Goals for next week.
How do I review trades objectively?
Use data, not memory. Look at actual numbers: entry price, exit price, reason for trade, outcome. Ask: did I follow my rules? Was the setup valid? Don't judge a trade solely by outcome—a good trade can lose, a bad trade can win. Judge process.
What statistics should I track weekly?
Core stats: total P&L, number of trades, win rate, average win vs average loss, expectancy (edge per trade), largest win/loss. Advanced: P&L by setup type, by asset, by day of week, by time of day. More data = more patterns to find.
How do I identify patterns in my trading?
Look for repetition. Do you always lose on Monday? Do you overtrade after wins? Do certain setups consistently work? Group trades by various factors and compare performance. Patterns emerge from data, not intuition.
What if my review shows I'm losing?
Good—now you know. Identify why: bad strategy, poor execution, wrong position sizing, emotional decisions? Diagnose before trying to fix. Sometimes the fix is strategy change, sometimes it's discipline. Data tells you which.
How do I turn review insights into improvement?
Pick ONE thing to focus on next week. Not five—one. Maybe it's "no revenge trades" or "only trade my A+ setups." Specific, measurable focus. Next week, review if you improved on that one thing. Build incrementally.
How does Thrive help with weekly review?
Thrive automatically calculates all your statistics—P&L, win rate, expectancy, performance by various factors. The AI coach highlights patterns you might miss. Weekly reports summarize key metrics and identify focus areas. Review becomes efficient and comprehensive.