The Weekly Review Process
This lesson covers the essential principles of the weekly review process and how to apply them in your daily trading with Smart Money Concepts.
Trading Review. Learn About Weekly Trading Review. Learn About How To Review Trades. Learn About Trading Improvement Process.
The Five-Part Weekly Review
1. Numbers. Update your equity curve and total your week in R, not dollars — R normalizes across position sizes. 2. Trade-by-trade grading. Grade every trade A+, B, or C based on process (did it match your plan?), independent of whether it won. 3. Screenshots. Capture each setup before and after; your memory of why you entered is unreliable a week later. 4. Separate process from outcome. A losing A+ trade is a win; a winning C trade is a warning. 5. One focus. Choose a single improvement target for next week and write it down.
Process Metrics That Predict Future Results
P&L is a lagging indicator. The metrics that actually forecast your next month are process metrics: your adherence rate to your plan, the percentage of A+ setups you actually took (versus skipped or forced), your rule-violation count, and your realized R versus planned R. When adherence is high and results are poor, your edge needs work; when adherence is low, your edge is fine and your discipline is the problem. You cannot fix what you do not separate.
Building the Routine
Anchor the week with two sessions. Sunday prep: mark HTF bias, key levels, the economic calendar, and a focused watchlist. Friday review: run the five-part process above. Keep it in one place — a spreadsheet or a structured trading journal — so the data compounds into a personal database you can mine for patterns over months.