Screencast Video and downloadable, customizable Objective Trade and Day Grading Tool can be found below.
This screencast is a follow-up to a previous post that I wrote titled Boost Your Trading Performance by Objectively Grading Trades and Days. In that post, I discuss the importance of judging (and grading) each trade that you take and each day that you’re active in the market based not on the P&L outcome, but instead, on your execution of process. As communicated in the post, we can’t control when we get paid, but we can control how well we execute our process. Most of what’s contained in that post lines up with the content in the following screencast and tool, but there are a few differences. These differences include:
- The fact that there’s an actual tool to download and use (below) for personal use (this previously wasn’t available).
- The styling of the tool has been improved upon in the tool available to download as well as in the screencast, compared to the style of the tool in the previous post’s screenshots.
- The total number of potential points for the trade grading scale has increased in the tool available for download as well as in the screencast from 45 points (as seen in the previous post) to 50 points.
- Other minor differences.