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FX · FX process and review · lesson 4 of 9 · 8 min read · David Alexander

Reviewing by setup, not by trade

reviewing by setup

A single trade's outcome carries almost no information about whether the decision was sound, because one draw from a distribution tells you very little about the distribution. Grouping trades by setup and reviewing the group is what turns a record into evidence. The setup is the smallest unit at which review means anything.

This lesson is part of the advanced modules.

Modules 6 to 8 are included with a paid account. The definitional summary above is the whole of this page until then.

Reviewing by setup, not by trade