1) What was the price path of what I was trading *after* I stopped out of the trade? Does my exit execution actually add value?
2) What has been the price path of what I've been trading after I entered the trade? Does my entry execution have positive expected value, or am I better off entering in a rule-based, mechanical fashion?
3) When I've added to trades, what has been the P/L just for those added pieces? Does adding to trades truly add to my profitability?
4) What has been the price path of trades I decide to not take because of lack of conviction? Does my conviction in an idea truly correlate with the profitability of trading that idea?
5) How does my P/L behave after I've had a string of winning trades? A string of losers? Does recent performance affect my trading, and--if so--is that impact positive or negative?
Tough to come up with answers for better trading if we're not asking the right questions.
Perhaps the best question of all: How much time do you spend studying your trading vs. studying the markets you trade?
Further Reading: Preparation and Success
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