Post-Trade Review Process
Post-Trade Review Process is the systematic analysis of every trade after it is closed to determine if the execution matched the plan. This process is not about whether the trade was profitable, but about whether the process was followed correctly.
It involves documenting the rationale, the emotional state during the trade, and any deviations from the plan. By conducting this review, the trader can learn from mistakes and reinforce good habits.
It turns every trade into a learning opportunity, regardless of the financial outcome. This is essential for continuous improvement in the complex domain of derivatives.
It helps to identify recurring psychological patterns that lead to errors. A disciplined review process is the hallmark of a professional trader.