Let's talk about the importance of trade review!
Reviewing trades is the least costly way to learn; the formation of any strategy requires validation of its effectiveness. Therefore, the more cases accumulated, the better—at least a thousand samples are needed. If done through live trading, calculated at once a day, it would take at least four years. This not only consumes a lot of time and economic resources but may also lead to losses that are not worth it.
Moreover, even if these samples are accumulated, it doesn't necessarily mean finding a strategy that suits oneself; new strategies need to be continuously tested, further increasing the time cost. How many four-year periods can one have in life?
By reviewing trades, being diligent can allow the analysis of a thousand cases to be completed in just two or three weeks, with no actual losses incurred. This intensive review leads to rapid cognitive improvement and is the most efficient, zero-risk way to learn and validate trading strategies.
