4 questions I ask myself at the end of every month to refine my process:
1. Where did I continue to execute my process successfully?
--> This affirms I am not starting from zero each month. This is important because I take the time to recognize what I continue to do well.
2. Where did I see the most growth in my decision making last month?
--> This question allows me to identify the areas where I saw the most growth last month. I often see previous areas of weakness show up here after I identified and worked on them.
3. Where do I need to improve my decision-making based on my last month of trading?
--> This is where I pinpoint my areas of weakness. We all have them. Note that I don't say "what did I do that is bad?" but rather "where do I need improvement?" This is important for the psyche.
4. What advice would I give if my results from last month were somebody else's?
--> This is where I look at my results objectively. We often have a difficult time pinpointing our own weaknesses but no problem doing it for others. This is a simple yet effective perspective change