Review and trading plan, one happens before and the other happens after. From comparing the analysis results of the two, we can get some useful information!
For example, if you make ten transactions, record in detail the reasons for each transaction before placing an order. After a period of time, review the transactions and reinterpret the market. You will find that there are many differences in information that were not reflected when you made the trading plan.
What do these differences tell us?
01The basis of analysis is not systematic enough
There is no systematic summary and induction. Every time you make a trading plan, you just write down whatever you think of. There is no systematic analysis of market trends from multiple angles and dimensions. If you want to change this situation, you need to write down all your analysis methods and analyze them every time you make a trading plan.
02Lack of training
You can see more information when reviewing the market, which means you know and understand these analysis methods. However, if you are not keenly aware of it before the market moves, it means you have not internalized it into your thinking and lack a lot of training. Only when you train to the level of knowing the coming of autumn by seeing the falling leaves, can you know what will happen at which positions and what to prepare to do before the market moves.
Review the market, use all the analytical methods you know to interpret the market, and then think about how far you can go if you are making a trading plan!