(Complete immediately after exit. No hindsight edits.)
1. Trade Identification
- Date / Time:
- Instrument:
- Direction: ☐ Long ☐ Short
- Size:
- Playbook Strategy:
- ☐ Pullback in Strong Trend
- ☐ Key Level Rejection (Subtype: ___)
- ☐ Breakout & Impulse Continuation
- ☐ Momentum Failure & Absorption
- Market State at Entry:
- ☐ Trend ☐ Balance ☐ Transition ☐ Compression
2. Entry Validity (Binary — No Stories)
Entry was taken because:
☐ Setup was qualified
☐ Structure was intact
☐ Order flow confirmed
☐ Entry location was acceptable
☐ Stop location was valid
If any box is unchecked → trade is automatically classified as structurally weak.
3. Execution Quality
Entry
- ☐ Timely
- ☐ Chased
- ☐ Early
- ☐ Hesitant
Stop Placement
- ☐ Structural
- ☐ Volatility-fit
- ☐ Emotion-driven
- ☐ Adjusted improperly
Trade Management
- ☐ Let structure work
- ☐ Cut too early
- ☐ Interfered
- ☐ Managed correctly given conditions
4. Exit Reality
- Exit Type:
- ☐ Target hit
- ☐ Structural failure
- ☐ Time-based
- ☐ Emotional
- ☐ Rule-based scratch
- Was exit aligned with plan?
☐ Yes ☐ No
5. Outcome (Record, Don’t Judge)
- Result: ☐ Win ☐ Loss ☐ Scratch
- R-Multiple:
- Max Favorable Excursion (MFE):
- Max Adverse Excursion (MAE):
6. Environmental Read (At Entry)
- Information quality: ☐ High ☐ Mixed ☐ Low
- Participation: ☐ Clean ☐ Crowded ☐ Thin
- Tempo: ☐ Cooperative ☐ Erratic ☐ Stalled
7. Classification (Choose One)
☐ Good Trade / Good Outcome
☐ Good Trade / Poor Outcome
☐ Poor Trade / Good Outcome
☐ Poor Trade / Poor Outcome
(This classification matters more than P&L.)
8. One-Line Truth
What actually mattered in this trade?
(One sentence. No lessons. No excuses.)
9. Tagging (For Weekly Review)
- Execution Tag:
☐ Hesitation ☐ Over-management ☐ Late Entry ☐ Early Exit ☐ Clean
- Behavioral Tag:
☐ FOMO ☐ Impatience ☐ Fear ☐ Discipline ☐ Neutral
- Structural Tag:
☐ Trend-aligned ☐ Counter-flow ☐ Range-bound ☐ Transitional
Hard Stop Rule
When this template is complete, stop reviewing the trade.
If something feels unresolved, it becomes:
- A weekly pattern
- Or a system adjustment candidate
Not a reason to spiral.