Friday, June 26, 2009

Six Questions Worth Asking at the End of the Trading Day

* What opportunities did I miss and what could have alerted me to those opportunities?

* When I took heat on trades, what could I have done to enter at better prices?

* Was the level of risk that I took in trades commensurate with my conviction in the trade ideas?

* What were the themes and markets driving prices today that I should be alert for tomorrow?

* What are the themes, economic reports, and markets that might drive prices overnight that I should be alert for in the morning?

* What kind of trades are making me money? Where am I losing my money? What can I do about that?