Daily, Weekly, Monthly: What Each Review Interval Can Actually Show
Posted: Wed Oct 28, 2026 1:33 am
Reviews fail when the interval does not match the question. A daily review is suited to process: were the rules followed, were entries as planned, did emotions alter any decisions? It is poorly suited to judging the strategy, since one day contains too few trades to say anything about edge.
A weekly review can start to examine patterns in tags and execution quality, such as slippage, time of day, or repeated hesitation. Even so, a week of scalping might include only a modest number of trades per setup, so conclusions should be treated as hypotheses to watch rather than facts to act on.
A monthly or quarterly review is where performance statistics begin to carry weight: expectancy per setup, drawdown depth, cost drag, and the distribution of results. Rule changes belong here, because changing rules after every bad day replaces one random process with a nervous one.
A tidy structure assigns each interval a single job and a fixed time limit. Daily checks cover behavior, weekly checks cover patterns, and monthly checks cover the strategy itself. Keeping a short log of changes made, with dates, also lets later reviews tell whether a change helped or merely coincided with a good run.
A weekly review can start to examine patterns in tags and execution quality, such as slippage, time of day, or repeated hesitation. Even so, a week of scalping might include only a modest number of trades per setup, so conclusions should be treated as hypotheses to watch rather than facts to act on.
A monthly or quarterly review is where performance statistics begin to carry weight: expectancy per setup, drawdown depth, cost drag, and the distribution of results. Rule changes belong here, because changing rules after every bad day replaces one random process with a nervous one.
A tidy structure assigns each interval a single job and a fixed time limit. Daily checks cover behavior, weekly checks cover patterns, and monthly checks cover the strategy itself. Keeping a short log of changes made, with dates, also lets later reviews tell whether a change helped or merely coincided with a good run.