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I've heard Steenbarger talk about a report card and the great results he's seen with traders that implement them, especially in a group setting. I don't recall where I read or heard him say this so I haven't found any specifics beyond just that.
Has anyone used a report card with success? What "subjects" did you grade? Were they all standard each day (guessing probably not) or if not...did all or some change?
Interested to hear who's used something like this and how its worked out.
Cheers
Can you help answer these questions from other members on NexusFi?
If I remember correctly, Mike Bellafiore talked about this extensively as something they use at his prop firm with good success. I think I heard it in an episode of chat with traders on YouTube. You should be able to track it down.
Overall the idea is more about daily goal & rule tracking. Kind of a daily review format that uses peer-pressure to make it more painful to “break” goals & rules. At least that’s ow I remember it anyways.
I do one every day its only a few columns.. Date/Goal/trading day/Fixes/daily grade/ misc info
I use an A-F rating each day.. right now I honestly have gotten much out of it but I think if a group of traders all did it then it might work a little better.
First, a bit of background. In Big Mike's price action tread (, I was asked if I keep a journal. I admitted that I don't keep a classical journal, but rather a simple set of statistics that could be intrepreted as a simplified form …